National Occupancy Returns to Pre-Pandemic Level
Persistently low demand and a very active construction pipeline have combined to send national average occupancy to its pre-pandemic level.
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Top 5: Property Manager Turnover
2022 has been an unusual year for the multifamily industry, but one point of consistency has been active turnover for property managers.
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National Rent Growth Finally Turned Negative in November
Rent growth finally succumbed to the gravity of negative net absorption in November after months of steady declines.
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Market Spotlight: Tampa
Tampa was at the forefront of the multifamily recovery last year and has similarly typified the challenges of the new environment.
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Checking in on the Construction Pipeline
With the end of the year approaching, it is time for a check-in on the multifamily new construction pipeline.
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Growth Markets Showing Up in New Construction Data
Strong in-migration markets over the last few years are well-represented among those with the most active construction pipelines.
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More Markets Show Moderating Rent Growth
National average effective rent growth has continued its tear so far this year, but July did provide some change at the market level.
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Occupancy Likely to Remain Elevated Through End of 2022
Average occupancy has been on the decline in recent months, but thanks to last year’s apartment demand, plenty of cushion remains.
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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.
