Takeaways Episode 24
Senior Market Analyst, Jordan Brooks, shares final thoughts on the July 2022 article, Mid-Year Multifamily Review.
Market Notes | News | Recap
Mid-Year Multifamily Review
2022 is already another year of dramatic changes for the multifamily industry. Last year’s rent growth has persisted, but demand has not.
Construction Times Have Grown Even Faster Than Rents
Multifamily rent growth has gotten a lot of attention in recent months, and for good reason, but construction times have grown even more.
So Far, No Summer Bump in Net Absorption
Summer temperatures are on the rise, but apartment demand is not. A cool down that began during the winter months has persisted through June.
Takeaways Episode 23
Senior Market Analyst, Jordan Brooks, shares final thoughts on the June 2022 article, Class A Shows Resilience
Stabilized Properties Feeling the Squeeze
Shifting market conditions for the multifamily industry can be clearly seen in how stabilized properties have fared so far this year.
Class A Shows Resilience
Rent growth continues to be strong across the price classes, but the slump in apartment demand is equally widespread.
Market Spotlight: Houston
Apartment demand has softened considerably for the Houston market compared to last year, but strong rent growth has persisted so far.
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.