Sentences with phrase «multifamily supply increase»

Not exact matches

The real estate corollary might be if one expected a shortage of multifamily supply and, instead, supply suddenly increased, putting downward pressure on rental rates.

We believe [that] means the multifamily [supply] that's being built will get absorbed, that you will continue to see rent increases and strong fundamentals underlying multifamily for probably the next few years.

Sales rose most in the Midwest, where the contract closings climbed 3.8 percent to a 1.35 million pace from the prior month At the current pace, it would take 4.6 months to sell out housing inventory, compared with 4.7 months in May; less than a five months» supply is a tight market, the Realtors group has said Properties were on the market for 34 days in June, the same as year ago Single - family home sales climbed 0.8 percent to an annual rate of 4.92 million while purchases of multifamily properties increased 3.2 percent to a 650,000 pace First - time buyers accounted for 33 percent of all sales, up from 30 percent in May and the highest share since July 2012 Sales driven in gains among most expensive homes, NAR's Yun said.

«Rent increases have been higher in multifamily housing where supply is not matching strong demand, thereby allowing landlords to raise rents at faster rates,» he said.