Changes in Submarket Density This Decade for DFW
As the decade comes to a close, we take a look at submarket density and the changes that have taken place over the last ten years due to a historically active construction pipeline in the DFW market.
As the decade comes to a close, we take a look at submarket density and the changes that have taken place over the last ten years due to a historically active construction pipeline in the DFW market.
A couple of weeks before December numbers are in, we take a sneak peak at some of this year’s top performing markets through November.
This month we check-in on a market with some interesting recent activity as of December 2019 – the Greater Phoenix area.
November BLS employment data impresses, and multifamily continues its upward trend as 2020 approaches.
This month we review the year-over-year nationwide performance of the ALN price classes for conventional properties – a period from October 2018 through October 2019.
Class A properties in Miami have had a rocky few years, and there is little reason to expect a change in the near future.
Summer is in the rearview mirror; the holiday season is approaching, and another quarter is in the books. Nationally, the new construction pipeline delivered more units in the third quarter of this year than the same period in 2018 or in 2017. Demand in the quarter was strong, and the result was essentially no movement in average occupancy, while average effective rent rose 1%.
While many markets are experiencing some flattening rent growth compared to previous years, Las Vegas continues its hot streak.
It’s been another active year for new supply so far in 2019. This month we look at year-over-year performance between nationwide conventional properties and stabilized-only conventional properties.