Research Reflections
Unveiling the Reality: Rental Housing Providers’ Insights on the Housing Choice Voucher Program
By David Chou and Leah Cuffy | | Updated
The National Apartment Association (NAA) recently conducted a survey of rental housing providers to discover their experiences with the Housing Choice Voucher (HCV) program, also known as “Section 8.” The HCV program is America's main form of rental assistance. Funded by the U.S. Department of…
While Rent Was on The Rise In 2021, So Were Wages
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The last quarter of 2021 recorded 9.9% year-over-year rent growth for the U.S on average. The uptick in rent prices across the nation was, however, accompanied by growing wages. Hourly wages soared approximately 5.2% year-over-year as of Q4 2021.
Why Rents are Rising
Demand for rental housing grew…
Built-to-Rent Fundamentals Beaming in Sun Belt Metros
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Through steady returns and robust rent growth, built-to-rent (BTR) communities have become a major aspect of the single-family rental sector. Built-to-rent or built-for-rent are communities of single-family rentals in one professionally managed development. They have developed into a sought-after…
Economic & Industry Update September 2021
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Economic Indicators
The Labor Market
The August jobs report disappointed with fewer jobs added than anticipated, but enough to cause the unemployment rate to tick down to a new pandemic low of 5.2%.
The 235,000 new jobs bring the pandemic deficit down to 5.3 million jobs lost.
Gains were registered…
Economic & Industry Update July 2021
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Economic Indicators
The Labor Market
The June jobs report was strong, with 850,000 jobs added plus an upward revision of 15,000 jobs in April and May combined.
The labor market still has 6.8 million jobs to recover or add to return to pre-pandemic levels.
Only two states have exceeded their payroll…
NAAEI Apartment Jobs Snapshot Q2 2021
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The apartment market continues its recovery during the second quarter. As a result of surging rental rates and occupancy, demand for multifamily professionals stood strong. In this edition of NAAEI’s Apartment Jobs Snapshot, job openings in the apartment industry consisted of more than 37.0% of…
NAAEI Apartment Jobs Snapshot April 2021
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Total April Job Postings in Apartment Industry (1) 13,386
% of Real Estate Sector: 37.3
Top Job Titles
Number of Postings
Leasing Consultant
1,300
Maintenance Technician
976
Property Manager
714
Assistant Property Manager
521
Maintenance Supervisor
313…
Apartment Market Pulse: Spring 2021
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Optimism Springs Eternal
U.S. Apartment Market
Rising rental rates and rampant leasing activity during Q1 2021 indicated that the multifamily housing market is turning a corner. Pent-up demand driven by employment growth and the widespread distribution of the coronavirus vaccine was evident.…
2020 Apartment Housing Outlook
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Slowing global growth and uncertainties surrounding trade wars and tariffs held businesses at bay in 2019 in terms of spending, but consumers stepped in to prop up economic activity. According to Moody’s Analytics, households have contributed approximately half a percentage point to GDP growth over…
United States Needs 4.6 Million New Apartments By 2030 or It Will Face A Serious Shortage
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To meet growing demand, America needs to build at least 4.6 million new apartment homes at all price points by 2030. In addition, as many as 11.7 million older existing apartments could need renovation during the same period.
These projections come from a new study commissioned by the…