Monthly net absorption improved in May, but by a narrow margin. With higher demand but also higher new supply - 2024 is playing out like…
Category: News
Demand Improving for Stabilized Properties
Broad improvement in demand within stabilized properties has materialized in recent months – but supply will remain a challenge. read more
Supply Rose in April, Apartment Demand Did Not
New supply increased further in April, but apartment demand was unable to continue the upward trajectory that began in late 2023. read more
Takeaways Episode 45
Senior Market Analyst, Jordan Brooks, shares final thoughts on the April 2024 newsletter article, Mixed Results to Begin 2024 for Multifamily. read more
Mixed Results to Begin 2024 for Multifamily
Net absorption tripled from last year, but below recent years’ levels. Rent growth lowest for opening quarter in years. read more
Continued Demand Improvement in Q1
Apartment demand improved again in the first quarter, continuing a trend of consistent incremental progress since the 2022 trough. read more
Top 10: Market Leaders in Recent Rent Improvement
Rent growth in a majority of markets has been positive in recent months. These markets have led the improvement from a year ago. read more
Takeaways Episode 44
Senior Market Analyst, Jordan Brooks, shares final thoughts on the March 2024 newsletter article, Positive Rent Growth in a Majority of Markets. read more
Positive Rent Growth in a Majority of Markets
National monthly effective rent growth for new leases has been negative. Rent growth finally returned to the positive in February. read more
Top 10: Market Leaders in Recent Demand Improvement
An active construction pipeline means improvement in multifamily demand will be vital in 2024. These markets are off to an encouraging start. read more