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Recently-added renter households may not remain in market
The renter population has become more diverse in recent years, with a growing number of older Americans and married couples renting. Minorities accounted for about 46 percent of renters despite only...
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Recently-added renter households may not remain in market
The renter population has become more diverse in recent years, with a growing number of older Americans and married couples renting. Minorities accounted for about 46 percent of renters despite only...
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New York, especially Manhattan, sees rental housing filled
The supply of rental housing in the New York metro area, particularly Manhattan, is sharply limited by the lack of property available for the development of new units. In addition to limited space, the...
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Apartment development up to meet demand
A report from Fitch Ratings indicates that real estate investment trusts (REITs) – particularly those focused on the multifamily portion of the market – are increasing their development activity....
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Slow pace of remodeling may present opportunity
The National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI) dropped two points to 45 in the second quarter, indicating a decrease in remodeling activity. The RMI reached 48 twice in...
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