Market Spotlight: Charlotte
Like many high-growth markets, Charlotte suffered from lower apartment demand and an active construction pipeline in 2022.
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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.
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Market Spotlight: Tampa
Tampa was at the forefront of the multifamily recovery last year and has similarly typified the challenges of the new environment.
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More Markets Show Moderating Rent Growth
National average effective rent growth has continued its tear so far this year, but July did provide some change at the market level.
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Stabilized Properties Feeling the Squeeze
Shifting market conditions for the multifamily industry can be clearly seen in how stabilized properties have fared so far this year.
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Market Spotlight: Houston
Apartment demand has softened considerably for the Houston market compared to last year, but strong rent growth has persisted so far.
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Rent Growth May Finally Be Losing Some Steam
National monthly average effective rent growth was above 1% again in May, but cracks in momentum may be emerging.
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Market Spotlight: Orlando
One of the markets in which apartment demand has been resilient so far this year relative to the national cool down has been Orlando.
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Apartment Demand Continued Its Slide in March
Strong rent growth continued in March at the national level, but so did a more recently developed trend – declining apartment demand.
