by The Commercial Record | Aug 10, 2020 | Commercial & Industrial, CR Daily, Industry News
With the $600 federal boost to unemployment benefits having run out on July 31, indications suggest rental collections at large apartment complexes are beginning to suffer, a leading landlord trade group said.
by The Commercial Record | Oct 9, 2019 | Commercial & Industrial, CR Daily, Industry News, Residential Real Estate
The number of renters in Hartford went down in 2018, as did the share of renters who pay more than 30 percent of their income in rent, according to a new report from Apartment List.
by The Commercial Record | Aug 31, 2018 | Commercial & Industrial, CR Daily, Industry News, Residential Real Estate
Rent in Hartford has increased slightly for the third straight month, increasing by 0.2 percent over August.
by Reuters | Mar 13, 2018 | CR Daily, Executive Briefing, Industry News
U.S. consumer price growth slowed in February amid a decline in gasoline prices and a moderation in the cost of rental accommodation, the latest indication that an anticipated pickup in inflation probably will be only gradual.
by The Commercial Record | Nov 29, 2017 | CR Daily, Executive Briefing, Industry News, Residential Real Estate
Younger generations want to buy homes, and some still hold traditional views on the value of homeownership.
by The Commercial Record | Feb 6, 2017 | CR Daily, Executive Briefing, Industry News, Residential Real Estate
Average U.S. monthly rents rose by $5 in January, demonstrating strength to start the year after a seasonal flattening at the end of 2016. Rents increased to $1,315, according to Yardi Matrix’s monthly survey of 124 markets. On a year-over-year basis, rents were up 4.6 percent nationwide in January, a 30-basis-point increase from December, though still 240 basis points below the recent high of 7 percent in January 2016.
by The Commercial Record | Jan 22, 2016 | Executive Briefing, Industry News, Residential Real Estate
Relief is in sight for cash-strapped renters, according to Zillow’s rental forecast. Rent appreciation is expected to level off over the next year, slowing to an annual rate of 1.1 percent by December 2016, the forecast reports. The national Zillow Rent Index is...
by Colleen M. Sullivan | May 1, 2015 | Industry News, Residential Real Estate
The surging cost of rental housing has squeezed a rising proportion of U.S. families since the Great Recession struck in 2007. For more than one in four renters, housing and utilities consume at least half their family income, according to an analysis of Census data...