The SFR sector remained strong in the second quarter of 2021, as record demand led to surging rent growth and improving cap rates.
The House Appropriations Committee approved $56.5 billion in new funding for HUD in fiscal year 2022 (FY22), reflecting the Administration’s focus on housing affordability. Read on for a breakdown of the proposed budget and its implications for affordable housing.
After falling four consecutive quarters, effective rent growth finally turned positive during the second quarter of 2021, although remained down year-over-year. The vacancy also improved, driven by strong apartment demand and new household formation.
After falling four consecutive quarters, U.S. multifamily rent growth finally turned positive during the second quarter of 2021.
The Q2 2021 Single-Family Rental Investment Trends Report delves into the SFR market’s fundamentals and performance metrics through the first half of the year. Access exclusive research and analysis by reading the full report.