Tag: single-family rental

This week, the Bureau of Labor Statistics reported Consumer Price Index results for February and, as we have since early 2022, we broke down the housing component and its impact on overall inflation. Housing CPI increased 3.1% year over year, the 53^rd straight month of at least 3% growth, and well above other measures of rent growth. Here we take a less technical approach to the topic, discussing why we think it’s important, how it stacks up against other rental market data, and thinking about how it might behave in the future....

In recent weeks, a number of media headlines have pointed to a “plummeting" interest in homeownership as a by-product of the pandemic, seemingly justifying the massive push towards purpose-built single-family rental communities as households seek out the flexibility of renting along with the benefits of the single-family lifestyle. The narrative...

Historically, buy-versus-rent calculations have been widely utilized to assess housing affordability, but we have always struggled with the limitations around real world comparability. Data constraints have led many to compare different asset classes (single-family versus multi-family)...

We have always been of the opinion that the type of housing demanded by consumers is heavily dependent on demographic circumstances and life events. In general, single-family housing skews to families and suburban living while multi-family ...

Every month, we track interest in built-to-rent construction, along with other acquisition channels, in our proprietary survey of single-family rental operators. Over the last year, interest in partnering with homebuilders on built-to-rent ...

Public REITs Invitation Homes (INVH) and American Homes 4 Rent (AMH) are the two largest single-family landlords in the country, owning almost 81,000 and 53,000 homes, respectively. While each company controls less than 1% of national single-family ...

Over the last year, multi-family starts have accounted for 29% of all starts, close to the decade-to-date share at 31%. With this being notably higher than 20% in the 1990s and from 2000-09, clients often inquire as to whether we believe this ...

In 2004, when homeownership was at an all-time high, there were over 11 million single-family rental households that provided shelter for over 32 million people. Although renting a home has always been a housing option, representing more than ...

As we have reported previously, there are approximately 16 million single-family rental homes across the country, accounting for almost 35% of all rental properties and clearly standing as a critical component of the housing supply chain. Looking ...

Our proprietary survey of single-family rental owners and managers dispersed across the country suggested further fundamental improvement in May. Overall, single-family operators continued to experience strong renter demand and pricing power ...