For the past year, apartment buildings have been one of the few bright spots in the real-estate industry as people forced out of the home-buying market by foreclosures or the credit crunch have turned to renting.
But now the specter of job losses is beginning to spread the gloom into that sector as well. As would-be [...]

Construction of homes and apartments fell in July to the lowest level in more than 17 years, but some economists said the drop could aid the slumping housing sector by helping reduce a glut of unsold properties.
The Commerce Department on Tuesday said builders broke ground on 965,000 housing units on an annualized basis, down from [...]

With more homeowners losing their homes to foreclosure, and home sales slowing the rental market has been flooded with potential tenants. But what could have been a boon for apartment complexes never has materialized.
With more affordable homes entering the rental market, apartment complexes are struggling to sign leases.
Between the first quarter of 2007 and the [...]

The Real Estate Group’s July Manhattan Rental Market Report, released today, suggests that landlords with large building portfolios can’t resist raising rents, even in a weak market. Doorman unit inventory continues to increase, and prices have followed. Defying traditional laws of supply and demand, the Manhattan rental (http://www.tregny.com/) market has sparked much confusion this month.
“The [...]

Even the lofty Manhattan real estate market is beginning to soften, according to reports released Wednesday by four of the city’s top real estate agencies.
Data from this year’s second quarter indicate two divergent trends; on a year-over-year basis, the volume of sales is down, while at the same time the average home price is rising.
“The [...]