Rent Growth Continued Its Decline in October
For a second straight month, national rent growth slowed. Even so, October marked seven consecutive months with a monthly gain above 1%.
For a second straight month, national rent growth slowed. Even so, October marked seven consecutive months with a monthly gain above 1%.
In what has been a remarkable bounce back year for multifamily, the DFW market has been the leader in both new supply and apartment demand.
Senior Market Analyst, Jordan Brooks, shares final thoughts on the October 2021 newsletter article, Third Quarter: Demand Slowed, but Rents Continued Their Climb.
Apartment demand slowed some in the third quarter, but rent growth increased. Here are the top five markets for rent growth in the quarter.
Multifamily has roared back in 2021, and even as demand cooled some in the third quarter, rent growth continued to accelerate.
2021 has seen historic rent growth, but September marked the first real slowdown in apartment demand and rent growth since the spring.
The new construction pipeline has already delivered nearly 250,000 new units this year, but construction times continue to rise.
Senior Market Analyst, Jordan Brooks, shares final thoughts on the August 2021 newsletter article, Concessions Continue Their Retreat.
Larger properties are leading the multifamily rebound, but are not exclusively responsible for this year’s huge numbers.