NAA Five, for the Week Ending September 12th, 2025

Date postedSeptember 12, 2025
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NAAHQ // Sept. 12, 2025
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NAA FIVE
A weekly digest of key rental housing news and takeaways
prepared exclusively for NAA’s leadership
 

The Big Picture: In 5 years, the housing market has gained $20 trillion, climbing 57% since 2020. New York City’s Board of Elections has denied a measure to keep housing off the ballot. Taller apartments in urban neighborhoods could be underway in California after a bill made progress to move forward.     
This week’s top stories
What We're Advocating

NAA’s Legislative and Regulatory Tracker: Did you know that NAA has a tracker where you can view real-time information about federal and state housing policies? This tracker shows information for each state and the bills under consideration. Learn more.  
What We're Saying

Hurricane Season: “Honestly, all of the natural disasters impact our industry significantly, increasing operating expenses and affecting housing affordability,” says NAA’s Chief Operating Officer Amy Groff. Read more about what Groff suggests to help mitigate risks. 

Mortgage Rates: In a new statement, NAA’s George Ratiu says that “buyers looking at homes at a median price of $440,000 with a 30-year mortgage rate of 6.5% would be looking at a monthly mortgage payment of about $2,780, including taxes and insurance.” Read more in MarketWatch. 
What We're Doing

Political Affairs Update: As summer comes to a close, state legislative sessions for next year are quickly approaching. From supporting affiliate partners through the Housing Affordability Program (HAP) to raising over $700,000 for NAAPAC, learn more about the ways that NAA is advocating and making a difference for the voices of the rental housing industry. 
What We're Hearing

Housing Market: “Buying a home has become increasingly pricey in the past few years. Now, Zillow has put a staggering number to those higher costs: America’s housing market has climbed 57% since 2020, to a record $55 trillion.” (CNN) 

NYC Ballot: “New Yorkers will get a chance to vote on three housing-related ballot measures that would shift more power over new development to the mayor despite a late push by the City Council to keep the initiatives off the November ballot.” (The New York Times) 
 

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