Multifamily Construction Dips

MMG RESEARCH Signs of Declining Construction Activity in Early 2024 Following one of the largest inventory expansions in multifamily history, the broader U.S. multifamily housing market is entering a transformative period, as the latest Census Bureau data reveals a noticeable contraction in construction starts and permitting activity. The seasonally adjusted annual rate (SAAR) of multifamily […]

Biden’s Proposed Housing Plan and Budget for 2025

MMG RESEARCH Here Is What the November 2024 Elections Mean for the Multifamily Sector Biden’s Proposed Housing Plan and Budget for 2025 As the November elections draw near, the focus sharpens on President Biden’s housing plan and budget for 2025, announced in his State of the Union address. Promising a historic investment of $258 billion, […]

Revival in the Heartland: Unpacking the Midwest’s MSA Growth Spurt

MMG RESEARCH Revival in the Heartland: Unpacking the Midwest’s MSA Growth Spurt The U.S. Census Bureau’s Vintage 2023 population estimates reveal a changing landscape in America’s heartland. Following a period of decline, there’s been a noticeable rebound in population growth between 2022 and 2023 across various Midwestern Metropolitan Statistical Areas (MSAs) and counties. Midwest’s MSAs: […]

The Rising Appeal of Small & Midsize Texas Markets

In a notable shift for 2024 within Texas, a healthy proportion of small and mid-sized Texas apartment markets are poised to surpass the major Texas markets that have historically led the state in rent growth.

Market Outlook for 2024: A Year of Opportunities

2024 goals of business or life. Wooden cubes with 2024 and goal. Starting to new year.

To evaluate the regions where inflation accelerated most rapidly, we analyzed the latest Consumer Price Index for All Urban Consumers (CPI-U) from the Bureau of Labor Statistics, comparing the percent change from Jul 2022 to July 2023, across 23 major metropolitan areas.

The US Needs To Build 1.9M New Units Needed By 2030

MMG RESEARCH The US Needs To Build 1.9M New Units Needed By 2030 According to a comprehensive forecast by WeAreApartments.com, in collaboration with the National Multifamily Housing Council (NMHC) and the National Apartment Association (NAA), the United States is on the cusp of a significant housing challenge. To meet the escalating demand for rental accommodations, […]

Renter Hotspots of 2023

MMG RESEARCH Renter Hotspots of 2023 Several factors are contributing to the surge in renter households in major urban centers. First and foremost, these cities serve as economic hubs with thriving job markets, attracting a diverse population from across the country. For many, renting offers an immediate entry point into these coveted locations. Furthermore, the […]

How Fast is Inflation Cooling Across Major US Cities

To evaluate the regions where inflation accelerated most rapidly, we analyzed the latest Consumer Price Index for All Urban Consumers (CPI-U) from the Bureau of Labor Statistics, comparing the percent change from Jul 2022 to July 2023, across 23 major metropolitan areas.

2023 Regional Performance Forecast

MMG RESEARCH 2023 Regional Performance Forecast Key themes we anticipate for the multifamily market in 2023 Go (Mid)West, Young Man The Midwest may now be the nation’s last bastion of rental affordability. Because of this, price-conscious renters have been attracted to the affordable housing options the Midwest offers. Although rent growth continues at a slow […]

Q/Q Rent Growth 3Q22

Markets holding up the best at the end of the 3Q are “slow and steady” Midwest & Gateway markets