Market Spotlight: Minneapolis – St. Paul
As with other markets in the region, Minneapolis – St. Paul has enjoyed relatively solid demand and less new supply pressure so far this year.
As with other markets in the region, Minneapolis – St. Paul has enjoyed relatively solid demand and less new supply pressure so far this year.
Rent growth has experienced a sharp deceleration in 2023, but not all markets struggled to capture gains in the first half of the year.
Senior Market Analyst, Jordan Brooks, shares final thoughts on the July 2023 article, A Bumpy First Half of the Year Comes to a Close.
The halfway point of the year has now come and gone, making July a perfect time to pause and evaluate how 2023 has played out so far.
After seeing steady improvement throughout the spring months, national multifamily demand faltered in June.
Senior Market Analyst, Jordan Brooks, shares final thoughts on the June 2023 article, Examining Price Class Differences as Low Demand Persists.
As of June of 2023, apartment demand remains in the doldrums despite moderate improvement in recent months.
The latest installment of the Top 5 series is a look at market-level leaders in net absorption through May of 2023.
National net absorption has been on the upswing in recent months, but demand remains low relative to longer term norms.