Research

JACKSONVILLE, FL - New apartment construction has only experienced drastic year-over-year (YoY) declines once since 1996, which occurred during the Great Financial Crisis (GFC) in 2010. This research examines the predictive relationships between the issuance of building permits for multifamily [...]

JACKSONVILLE, FL - The construction sector and housing market are critical indicators of economic health and consumer confidence. This article explores the nuanced relationship between construction employment—a proxy for the sector's vitality—and apartment prices, particularly through the lens of economic [...]

JACKSONVILLE, FL - The reliability of inflation forecasts has dominated discussions on both Wall Street and Main Street recently, impacting our economy and influencing policy decisions. It's commonly believed that inflation expectations, particularly official forecasts, can reliably predict future inflation [...]

JACKSONVILLE, FL - In the realm of multifamily real estate, two critical indicators are the Secured Overnight Financing Rate (SOFR) and the market yield of a ten-year Treasury note (DGS10). This article delves into the correlation between these two rates [...]

JACKSONVILLE, FL - One might intuitively expect a direct and immediate correlation, and this is largely what we found. We analyzed data from the Federal Reserve of St. Louis to examine the relationship between credit card delinquencies and the apartment [...]

JACKSONVILLE, FL - This article diverges from our typical analyses, which often seek clear correlations between economic variables that impact multifamily real estate. This week, we investigated the relationship between M2 money supply and the Apartment Price Index. The theory [...]