Rent Growth May Finally Be Losing Some Steam
National monthly average effective rent growth was above 1% again in May, but cracks in momentum may be emerging.
Takeaways Episode 22
Senior Market Analyst, Jordan Brooks, shares final thoughts on the April 2022 newsletter article, Q1 Brought a (Somewhat) New Reality for Multifamily.
Market Spotlight: Orlando
One of the markets in which apartment demand has been resilient so far this year relative to the national cool down has been Orlando.
Rent Growth Has Decoupled from Apartment Demand
In the face of declining apartment demand and increasing macroeconomic headwinds, apartment rent growth has regained steam in recent months.
Top 5: 2022 New Supply
Even with continued difficulties for new construction, more than 100,000 new units were delivered across the US through April.
Apartment Demand Cratered Further in April
National average occupancy and rent growth continued to look strong in April, but a continued decline in apartment demand is the story.
Takeaways Episode 21
Senior Market Analyst, Jordan Brooks, shares final thoughts on the April 2022 newsletter article, Q1 Brought a (Somewhat) New Reality for Multifamily.
Q1 Brought a (Somewhat) New Reality for Multifamily
Despite rent growth continuing unabated, Q1 2022 marked the first time since the start of the industry recovery that demand underperformed.
Top 5: Q1 Property Manager Turnover
Property manager turnover volume was up in Q1, here are the top five markets for manager changes in the period.