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Report: Apartment Rents Down Slightly in September

Report: Apartment Rents Down Slightly in September

by Phil Hall | Oct 10, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Apartment rents declined in September with the national average falling to $1,712, a 0.3% dip from August’s revised figure of $1,717. According to data from Apartments.com, an online marketplace of CoStar Group (NASDAQ: CSGP), this marks the third consecutive month of...
Building Permits for Apartments Down 23% Since the Pandemic Construction Boom

Building Permits for Apartments Down 23% Since the Pandemic Construction Boom

by Phil Hall | Aug 14, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Developers obtained permits to build an average of 12.8 multifamily housing units for every 10,000 people over the past year, according to a new report from Redfin. This is down by 23.1% from an average of 16.7 during the pandemic building boom, and it is also down by...
Apartment Rent Growth Continues to Slow

Apartment Rent Growth Continues to Slow

by Phil Hall | Aug 8, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Apartment rent growth slowed during July with the national average holding at $1,717, unchanged from June. According to data from Apartments.com, a marketplace of CoStar Group (NASDAQ: CSGP), July marked the sixth straight month of flat or negative monthly growth....
Ex-Caltrain Employees Sentenced for Setting Up Unauthorized Apartments in Commuter Stations

Ex-Caltrain Employees Sentenced for Setting Up Unauthorized Apartments in Commuter Stations

by Phil Hall | Jun 16, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

Two former employees of Caltrain, the commuter rail line serving California’s San Francisco Peninsula and Santa Clara Valley, were sentenced to a collective six months for embezzling funds to build unauthorized apartments inside stations. MoneyWise reports Seth Andrew...
Apartment Rent Growth Continues to Slow

Report: New Apartments Sitting Vacant for Months

by Phil Hall | May 30, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Nearly half (49%) of newly built apartments completed in the fourth quarter of 2024 were rented within three months, up slightly from 47% the previous quarter. According to a new data report from Redfin (NASDAQ: RDFN), this marked the fifth consecutive quarter that...
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