Price Class Performance Nationwide
This month we review the year-over-year nationwide performance of the ALN price classes for conventional properties – a period from October 2018 through October 2019.
This month we review the year-over-year nationwide performance of the ALN price classes for conventional properties – a period from October 2018 through October 2019.
Summer is in the rearview mirror; the holiday season is approaching, and another quarter is in the books. Nationally, the new construction pipeline delivered more units in the third quarter of this year than the same period in 2018 or in 2017. Demand in the quarter was strong, and the result was essentially no movement in average occupancy, while average effective rent rose 1%.
While many markets are experiencing some flattening rent growth compared to previous years, Las Vegas continues its hot streak.
It’s been another active year for new supply so far in 2019. This month we look at year-over-year performance between nationwide conventional properties and stabilized-only conventional properties.
This decade, more than 2 million new multifamily units have been added across the US. Does this mean that we’re approaching an overbuild? Read on to know more.
The year is over halfway done! It’s time to size up the multifamily industry, so we’re taking a look at the performance of markets and regions throughout the United States.
It’s June, and that means that once again, the NAA Apartmentalize Conference is mere days away. With the host city being Denver this year, we’re taking the opportunity to check-in on multifamily performance of the Greater Denver area.
One way to evaluate multifamily performance is to look at the usual metrics through the lens of price class rather than just by geography. This month let’s consider the year-over-year nationwide performance of the ALN price classes—a period from April 2018 through April 2019.
So far this year we’ve seen that some areas continue to perform well, but the strong results are beginning to be concentrated in fewer markets. Many areas mostly held their ground but didn’t make much progress in the quarter. Read on for more on Q1 of 2019.