Our latest roundup shows apartment sales have fallen for the seventh straight quarter, property financing is proving difficult and aspiring homeowners face major obstacles.
- Rent increases have slowed across the U.S. over the past year, with a combination of soaring home prices, rising mortgage rates and low housing inventory creating major hurdles for would-be homeowners. (alex garybank rate)
- The housing market is seeing innovative efforts to combat the inventory crisis, with initiatives such as repurposing commercial properties into residential units. (Angel Smith, Yahoo)
- Apartment sales in the first quarter fell for the seventh straight quarter, dropping 25% year over year to $20.6 billion. (leslie shaver, Diving for multiple families)
- Raising new funding for private market assets proved difficult last year, with real estate particularly hard hit, with funding down about 41% from a year earlier. (Madeline SeePitch Book)
- Real estate investment trusts (REITs) are typically preferred by investors looking to diversify their portfolios to include real estate and generate passive income, but the private real estate market is also a preferred alternative. (Aditi Ganguly, Yahoo)
- Office properties in suburban submarkets outperformed the national average in terms of rent growth and vacancy rates. (Joe Burns, facility dive)
- As central banks have raised interest rates significantly over the past two years to combat post-pandemic inflation, the IMF is looking at how key housing characteristics influence the impact of monetary policy activities. We have obtained new data showing that. (IMF)
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