One theme of 2024 multifamily performance was that improvement was achieved but with further ground to gain. One metric that typified this theme was rent growth. After a dismal year in 2023, average effective rent growth for new leases took a major step in the right direction last year. All numbers will refer to conventional…
A violin plot is an interesting way to visualize quite a bit of information on the same chart, but it also isn’t as intuitive as other types of charts. I thought it might be worthwhile to walk through one looking at average effective rent growth across markets of various sizes from the last twelve months….
After a challenging couple of years, it appears the Dallas – Fort Worth multifamily market has finally turned the corner. While challenges such as falling occupancy and average effective rent declines remain, clear progress has been made. This progress provides cause for optimism as 2025 rounds into view. All numbers will refer to conventional properties…
Rent growth has been muted this year, but some markets have managed impressive gains over the last twelve months.
With the end of the year rounding into view, it is a perfect opportunity to spend some time evaluating recent rent performance.
The Sunbelt region continues see new supply overshadow a notable recovery in apartment demand. One market deserving of attention is Orlando.
Despite remaining challenges, the third quarter featured some reasons for encouragement in the industry performance data.
Apartment demand remains encouraging but rent growth has begun to trend downward from its second quarter peak.
Multifamily performance trends stabilized last year after volatility from 2020 to 2022, and 2024 has largely followed expected trajectories.
