Apartment Demand Declines, but Rent Growth Momentum Continues
After a year of incredible apartment demand fueled double-digit rent growth in 2021, demand cooled in January beyond typical seasonal effects.
Rent Growth Continues Its Blistering Pace
Apartment demand dipped in January, but rent growth continued at a pace well outside the range established over the last five years.
Takeaways Episode 18
Senior Market Analyst, Jordan Brooks, shares final thoughts on the January 2022 newsletter article, A Historic Year is in the Books.
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.