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.
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.
Market Spotlight: Houston
Apartment demand has softened considerably for the Houston market compared to last year, but strong rent growth has persisted so far.
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.
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.
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.
Market Spotlight: Tampa
One of the leaders in rent growth over the last year has been the Tampa market, and it appears those gains are beginning to pressure demand.
Top 5: Average Effective Rent Growth
Apartment demand has slowed this year, but rent growth momentum has continued. Here are the top five markets for rent growth so far in 2022.
Rent Growth Continues Its Blistering Pace
Apartment demand dipped in January, but rent growth continued at a pace well outside the range established over the last five years.