Average Lease-up Time Has Decreased After Years of Increase
Construction times continue to grow, but the average lease-up duration for new properties has fallen this year for the first time in years.
Deliveries Are Up from Previous Years, but So Are Construction Times
The new construction pipeline has already delivered nearly 250,000 new units this year, but construction times continue to rise.
Construction Deliveries Continue Apace Despite Challenges
Despite persistent challenges, the construction pipeline continues to deliver new units at a torrid pace.
Even With Delays, New Units Surge
Rising costs and construction delays are increasingly a story in multifamily, but new supply volume continues to be higher than in recent years.
New Construction Pipeline Continues to Grow
The construction pipeline continues its strong growth. This month, we profile some of the more active markets for recent and upcoming deliveries.
Last Look: Nationwide New Supply in 2020
For the last blog post of 2020, a final look at the new construction pipeline.
Unit Mix Continues Its Transition
In an unpredictable year full of change, one area of normalcy was new construction activity and the continuation of unit mix trends that began last decade.
Another Look at the New Construction Pipeline
The construction pipeline has remained active this year. As 2020 draws to a close, it’s time once again to check in on deliveries and new units on the way.
Checking in on the New Construction Pipeline
August 2020: Demand through July 2020 was half that of the same period last year, and 50k less units were absorbed than added in the first 7 months.