Featured image for 2025 May Newsletter called Culmination of Multiyear Demand Trend Beginning to Unfold
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Culmination of Multiyear Demand Trend Beginning to Unfold

2025 has gotten off to an unusually volatile start for apartment demand on a month-over-month basis. Despite these early fluctuations, longer-term trends are uniformly positive. Both over the last twelve months, and year-to-date through April, national net absorption has continued along an upward trajectory that began in 2023. Encouragingly, the continued improvement has been widespread…

Setting Expectations for 2025 Multifamily Performance
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Setting Expectations for 2025 Multifamily Performance

2024 was a key step in the right direction for the multifamily industry. In the face of historic new supply pressure, the decline in national average occupancy was smaller than in 2022 or 2023. Net absorption showed robust annual improvement for a second straight year. Average effective rent growth for new leases more than doubled…