An Update on Rent Growth
With winter in the rearview mirror, so too are the monthly declines in national average effective rent – for the time being.
It’s Raining New Units in Multifamily
Perhaps most notable among many important developments for multifamily in the first quarter, the deluge of new supply has begun.
Exploring Gateway and Sunbelt Multifamily Performance
It has been a fairly challenging winter for the multifamily industry, and it has been Gateway markets that have been slightly more resilient.
US Rent Growth Changed Trajectory in January
After two consecutive months in negative territory, national average effective rent change in January managed to get back to zero.
Roadblocks from 2022 Likely to Persist in 2023
It’s a new year, but some of the challenges for the multifamily industry that played a role in 2022 have come along for the ride.
National Occupancy Returns to Pre-Pandemic Level
Persistently low demand and a very active construction pipeline have combined to send national average occupancy to its pre-pandemic level.
Digging Into Recent Rent Changes
Multifamily rent growth finally lost some steam in recent months, long after apartment demand had cooled. But, the change has not been uniform.
Q3 Brought an End to Coasting on 2021 Multifamily Demand
For the first half of 2022, multifamily was still benefitting from the effects of a historic 2021 – that changed in the third quarter.
Growth Markets Showing Up in New Construction Data
Strong in-migration markets over the last few years are well-represented among those with the most active construction pipelines.