National Rent Growth Slightly Negative in September
After trending downward since early summer, monthly national average effective rent growth turned negative in September.
Market Spotlight: Minneapolis – St. Paul
As with other markets in the region, Minneapolis – St. Paul has enjoyed relatively solid demand and less new supply pressure so far this year.
Market Spotlight: Raleigh-Durham
Raleigh-Durham has been a prime example of a high in-migration market in recent years and has the new construction pipeline to match.
Large Markets Lead the Recent Rent Declines
Tepid demand and an active construction pipeline have coincided and created downward pressure on both occupancy and rent.
Market Spotlight: Dallas-Fort Worth
Multifamily performance in Dallas – Fort Worth has had a rougher go of it over the last year, and particularly in recent months.
How Did Multifamily Fare This Winter?
With spring quickly approaching, the typically softer portion of the calendar is coming to an end for the multifamily industry.
Market Spotlight: Charlotte
Like many high-growth markets, Charlotte suffered from lower apartment demand and an active construction pipeline in 2022.
National Rent Growth Finally Turned Negative in November
Rent growth finally succumbed to the gravity of negative net absorption in November after months of steady declines.
Market Spotlight: Tampa
Tampa was at the forefront of the multifamily recovery last year and has similarly typified the challenges of the new environment.