In the years leading up to and through the onset of the pandemic, growing demand for single-family housing and the emergence of the single-family rental sector (SFR) has reshaped the residential landscape in the U.S. But as SFR’s share of rental households expands, its share of all single-family homes remains balanced.

Apartment NOIs were up nearly 20% year-over-year through Q1 2022. A trio of Florida markets led the country in annual NOI growth, while New York and Phoenix trailed closely behind.

Federal, state, and city policymakers are now utilizing zoning reforms in initiatives that encourage the development of affordable housing.

The multifamily sector is well-positioned to absorb the shock of rising interest rates. Bolstered by a supply/demand mismatch, multifamily has a solid foundation to support growth during the Federal Reserve’s monetary tightening cycle.

As home prices continue to rise at double-digit annual rates and the costs associated with obtaining mortgage financing begin to climb, a growing share of renters see themselves staying in the rental market for the foreseeable future.

The Arbor Single-Family Rental Investment Trends Report Q1 2022, published in partnership with Chandan Economics, provides insights into the rapidly growing Single-Family Rental (SFR) market.

The Spring 2022 Arbor Realty Trust-Chandan Economics Affordable Housing Trends Report provides comprehensive insight and analysis of major trends shaping affordable housing nationwide. Our report examines the major market developments and the outlook ahead.

The list of metros with noticeably higher permits per capita includes familiar growth markets such as Austin, TX, and Nashville, TN, but also under-the-radar markets like Bloomington, IN, and Rapid City, SD.

The SFR sector has historically attracted renters who seek a more spacious, suburban lifestyle but are not looking to buy for various reasons. While the concept of SFR is not new, it has gained more attention in the last decade as institutional involvement has increased following the Global Financial Crisis (GFC).

Inflation concerns, new virus variants, tighter monetary policy and high construction costs are among the top factors set to impact multifamily in the year ahead. Read on for the full lookahead from Arbor and Chandan Economics.