10 Economists Offer Their Advice for CRE Investors via WMRE

It’s an understatement to say that there’s a lot of uncertainty right now regarding not only the U.S. economy, but the global economy at large. As the world faces another pandemic wave and the war in Ukraine creates additional geopolitical instability, the U.S. continues to deal with ongoing supply chain disruptions, inflationary pressures and a volatile stock market.

Read more...10 Economists Offer Their Advice for CRE Investors via WMRE

Houston Economic Indicators May 2022 via Dallas Fed

Houston payroll growth slowed in first three months of 2022 amid a sharp drop in unemployment. Both housing and commercial real estate data showed the Houston market continuing to tighten with high demand, limited supply and falling vacancies. Altogether, indicators continue to point to an above-trend year for the Houston economy despite the recent moderation in job growth.

Read more... Houston Economic Indicators May 2022 via Dallas Fed

Rent Growth Has Decoupled from Apartment Demand via ALN Apartment Data

As was first discussed in the ALN newsletter for February, the incredible apartment demand that fueled 15% national average effective rent growth last year did not survive the turn of the calendar to 2022. Despite that, rent growth has persisted at a torrid pace through the first four months of this year.

The extent to which this change in dynamic can be observed in multifamily data depends on the time period being evaluated.

Read more...Rent Growth Has Decoupled from Apartment Demand via ALN Apartment Data

Austin Economic Indicators May 2022 via Dallas Fed

Growth in the Austin economy strengthened in March. The Austin Business-Cycle Index expanded at a faster pace than in February, while the unemployment rate dipped to prepandemic levels. COVID-19 hospitalizations in Austin continued to decline through April, falling to a 10-month low. March housing permits ticked up in the metro as the median home price remained near a record high. Private sector average hourly earnings continued to trend upward.

Read more...Austin Economic Indicators May 2022 via Dallas Fed

ALN Monthly Market Stats May 2022 via ALN Apartment Data

ALN Data just released their April 2022 market stats on occupancy and rents for over 80 markets. In Texas, it includes DFW, Austin, Houston, San Antonio, Lubbock, Amarillo, Abilene, Corpus Christi and more. It is a must read from a great provider of apartment data.

Read more...ALN Monthly Market Stats May 2022 via ALN Apartment Data