Throughout the last few months we’ve analyzed multifamily performance by market size, by price class and over different spans of time. This month, we look at year-over-year performance between nationwide conventional properties and stabilized-only conventional properties.
Market performance showed no signs of an aged cycle in the third quarter. The flood of new units continued unabated in markets across the country, with about 60,000 new units delivered in the quarter. What has changed recently compared to late 2017 and early in 2018 is demand.
As the current cycle continues to age, secondary and tertiary markets have been getting increased attention from the owner/investor side of the industry. As we approach the final quarter of 2018, let’s look at some key performance metrics nationwide for primary, secondary and tertiary markets over the last 12 months.
One of the ways to evaluate multifamily performance is to look at the usual metrics through the lens of price class rather than just by geography. This month, let’s consider the year-over-year nationwide performance of the ALN price classes—a period from July 2017 through July 2018.
2018 is over halfway done, meaning it’s time to get a pulse on the state of the multifamily markets and regions throughout the United States.
Despite all the new units in the Atlanta market, the modest gain in occupancy we’ve seen is thanks to very strong net absorption. June 2018 Multifamily News
The multifamily industry continues to perform well, although signs of an aging business cycle have been appearing for some time. This month, we’ll be looking at year-over-year performance metrics in the seven major ALN markets in California.
TAA Education Conference & Lone Star Expo, San Antonio, Texas April 25 – 27, 2018 TAA was quite the experience this year! Attendance was amazing and everyone seemed ready to learn. Before the expo, attendees enjoyed TAA incoming President Traci Hall speaking at the “Be What’s Next General Opening Session” which also featured none other…
Now that the numbers are in for the first quarter of 2018, it’s a good time to look back and assess the multifamily industry’s performance. We’ve been seeing signs of an overloaded construction pipeline for several quarters now, and the story hasn’t changed so far.
