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.
2022 is already another year of dramatic changes for the multifamily industry. Last year’s rent growth has persisted, but demand has not.
Multifamily rent growth has gotten a lot of attention in recent months, and for good reason, but construction times have grown even more.
Summer temperatures are on the rise, but apartment demand is not. A cool down that began during the winter months has persisted through June.
Senior Market Analyst, Jordan Brooks, shares final thoughts on the June 2022 article, Class A Shows Resilience
Shifting market conditions for the multifamily industry can be clearly seen in how stabilized properties have fared so far this year.
Rent growth continues to be strong across the price classes, but the slump in apartment demand is equally widespread.
National monthly average effective rent growth was above 1% again in May, but cracks in momentum may be emerging.
Senior Market Analyst, Jordan Brooks, shares final thoughts on the April 2022 newsletter article, Q1 Brought a (Somewhat) New Reality for Multifamily.
In the face of declining apartment demand and increasing macroeconomic headwinds, apartment rent growth has regained steam in recent months.