Sneak Peak: 2019 Market Leaderboard

Before December numbers are in and 2019 is in the rear-view mirror, let’s get a sneak peak at some of the markets that stood through the first 11 months of this year.

Top 5 – New Units

Dallas – Fort Worth, TX: 21,572 units

Houston, TX: 13,101 units

Washington DC: 10,021 units

Chicago, IL: 9,647 units

Austin, TX: 9,844 units

Top 5 – Net Absorption (units)

Dallas – Fort Worth, TX: 21,141 units

New York, NY: 16,902 units

Denver, CO: 14,766 units

Seattle, WA: 11,561 units

Houston, TX: 11,503 units

Top 5 – Average Occupancy Growth

Tri-Cities, WA: +5.9%

Albany, GA: +5.2%

Lubbock, TX: +4.6%

El Paso, TX: +4.1%

Augusta, GA: +3.5%

Top 5 – Average Effective Rent Growth (unit)

Huntsville, AL: +9.1%

Phoenix, AZ: +9.0%

Boise, ID: +8.8%

Augusta, GA: +8.0%

Pensacola, FL: +7.4%

 

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