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.
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.
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.
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.
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.
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.
Market Spotlight: Tampa
One of the leaders in rent growth over the last year has been the Tampa market, and it appears those gains are beginning to pressure demand.