Takeaways Episode 17
Senior Market Analyst, Jordan Brooks, shares final thoughts on the December 2021 newsletter article, Despite Challenges, 2021 Deliveries Already Well Beyond Recent Years.
As Winter Approaches, Rent Growth Continues to Cool
National average effective rent growth slowed in November for the third straight month and failed to top 1% for the first time since March.
Takeaways Episode 16
Senior Market Analyst, Jordan Brooks, shares final thoughts on the November 2021 newsletter article, Average Lease-up Time Has Decreased After Years of Increase.
Demand Has Cooled from Its Summer Peak, but Remains Elevated
Apartment demand has cooled off compared to earlier in the year, but monthly absorption remains higher than anything seen in recent years.
Rent Growth Continued Its Decline in October
For a second straight month, national rent growth slowed. Even so, October marked seven consecutive months with a monthly gain above 1%.
Takeaways Episode 15
Senior Market Analyst, Jordan Brooks, shares final thoughts on the October 2021 newsletter article, Third Quarter: Demand Slowed, but Rents Continued Their Climb.
Third Quarter: Demand Slowed, but Rents Continued Their Climb
Multifamily has roared back in 2021, and even as demand cooled some in the third quarter, rent growth continued to accelerate.
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.
Takeaways Episode 14
Senior Market Analyst, Jordan Brooks, shares final thoughts on the August 2021 newsletter article, Concessions Continue Their Retreat.