Multifamily

New-home construction declined in April as fewer starts of apartment projects outweighed a modest improvement in single-family structures, government figures showed Wednesday.

March's residential construction spending declined by 3.5% on a seasonally adjusted basis from February, but was virtually flat for new single-family properties, according to the U.S. Census Bureau.

The corner of Ninth and East Passyunk Avenue in South Philadelphia is no stranger to crowds. A developer's proposal to build three rowhouses and 21 apartments atop 5,300 square feet of new commercial space just steps from the busy intersection could only make it worse.

Plans for a West Palm Beach, Fla. development with micro-condominiums, affordable apartments, offices, a grocery and a park, have collapsed over city commissioner concerns the developer couldn't make it happen.

New-home construction rose by more than forecast in March on a rebound in multifamily starts, giving a boost to first-quarter economic growth.

Here's some good news for New York City apartment hunters: Manhattan rents dropped 3.8% in March from a year earlier, the most since 2011.

Here's a look at 12 housing markets where healthy rents, high home prices and historically low mortgage rates have prompted a boom in single-family rental inventory.

Spring has sprung and weather temps should be going up, but Chicago rent prices are going down — that's according to Zumper, an apartment listing platform.

Developers built nearly 24,000 apartments in the Twin Cities since 2010 in what's been seen as a booming market. But the action this year and next will blow all that away.

One candidate in the San Francisco mayor's race wants to shake out the pockets of real estate developers. Another wants to sue speculators who he said are putting people out on the street. A third called for a rigorous analysis of the city's housing stock.

New-home construction cooled by more than expected in February on a reversal in the volatile multifamily category, while building remained on pace to contribute to economic growth this quarter.

The security that was incorporated into the index is backed exclusively by loans on green building certified properties; the GSE is still working on acceptance of financing for green upgrades.

The Trump administration's new tariffs on imported steel and aluminum may raise prices on a variety of consumer and commercial products, but will only put minimal strain on the housing industry.

Commercial and multifamily fourth-quarter mortgage delinquency rates improved for most investor types compared to one year prior as the U.S. economy continued its recovery.

Net apartment leasing totaled almost 14,000 units in Houston in the final months of 2017 as residents flooded out of their homes by Hurricane Harvey sought higher ground in rental units.

A $300 rent hike threw Noemi Hernandez' finances into a tizzy in 2016, forcing the part-time cashier to apply for food stamps and curtail spending on other things. A year later, her rent went up another $160.

New-home construction rose in January to the highest level since October 2016, helped by a surge in apartment building, as momentum in the housing market continues into 2018.

Freddie Mac posted a fourth-quarter net loss of $3.3 billion and will request $312 million from the Treasury after recent tax reform legislation forced it to write down the value of deferred tax assets.

The Charlotte region added about 25,000 jobs last year, and Mecklenburg County is expected to grow to about 1.4 million people by 2030, a nearly 40% increase.

Rising rents across the country suggest the homebuyer pool could get even bigger at a time when demand in the housing market is already far outpacing supply. Here's a look at 12 cities where that trend is strongest.