The Real Signal - Housing + Real Estate + Macro
Scott ChoppinThe Real Signal is a weekly newsletter - curated and written by Scott Choppin - that highlights macroeconomic trends in the real estate market - focused on real estate development and investments. We are "signal from the noise" in real estate + macro.
| Platform |  | Pricing | Freemium | Publishes | Weekly |
|---|---|---|---|---|---|
| Issues | 404 | Founded | 3 years ago | Last Issue | 9 days ago |
| Active | |||||
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therealsignal.substack.comLatest Issues
NMHC: Soft Near Term, Better In 6 to 12 Months
NMHC: Soft Near Term, Better In 6 to 12 Months
Scott Choppin Note: National Multifamily Housing Council asked 60 builders what they expect for the overall multifamily construction market (fielded Sept 1 to 18).
Near term starts look soft...
Class A Apartments Keep Tighter Caps As Class C Reopens
Class A Apartments Keep Tighter Caps As Class C Reopens
Scott Choppin Note:
Cap rates for newer apartments are looking better relative to older stock and Class C cap rates rose definitively more than Class A in the 2023 to 2026 era. Matt...
Multifamily Starts: Slowly Climbing Out of the 2024 Trough
Plus: Batteries On Track To Cover Peak Demand, and AI Model Growth Is Exponential. Astra Makes It Clear
Multifamily Starts: Slowly Climbing Out Of The 2024 Trough
Declining Households: Recombination Signal
Plus: US AI Economy Defies Interest Rates And Rent Burden Heat Map
Declining Households: Recombination Signal
Private Construction In Worst Contraction Since 2009
Plus: SF AI Office Footprint Growth At 700%+, Continuation Vehicles Showing Up More Widely, and Urban Pacific OZ Capital Note
Private Construction In Worst Contraction Since 2009
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