The Shifting Contours of New Supply
This year, the number of new units is expected to decline from its 2024 peak but will still be substantial relative to historic norms.
This year, the number of new units is expected to decline from its 2024 peak but will still be substantial relative to historic norms.
Broad improvement in demand within stabilized properties has materialized in recent months – but supply will remain a challenge.
Strong rent growth continued in March at the national level, but so did a more recently developed trend – declining apartment demand.
More insights and final thoughts on the October 2020 newsletter article, Demand Returns in Q3, but Rent Growth Lags.