Featured image for 2025 May Newsletter called Culmination of Multiyear Demand Trend Beginning to Unfold
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Culmination of Multiyear Demand Trend Beginning to Unfold

2025 has gotten off to an unusually volatile start for apartment demand on a month-over-month basis. Despite these early fluctuations, longer-term trends are uniformly positive. Both over the last twelve months, and year-to-date through April, national net absorption has continued along an upward trajectory that began in 2023. Encouragingly, the continued improvement has been widespread…

Top 10: Market Net Absorption
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Top 10: Market Net Absorption

Apartment demand has been unusually volatile month-over-month to begin the year. Even so, national net absorption through April was significantly higher than that from 2024. This year is the third consecutive year of improved multifamily demand for this portion of the calendar. In order to provide a clear picture of market leaders in net absorption…

Setting Expectations for 2025 Multifamily Performance
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Setting Expectations for 2025 Multifamily Performance

2024 was a key step in the right direction for the multifamily industry. In the face of historic new supply pressure, the decline in national average occupancy was smaller than in 2022 or 2023. Net absorption showed robust annual improvement for a second straight year. Average effective rent growth for new leases more than doubled…

A Year in Review: 2024 Apartment Demand
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A Year in Review: 2024 Apartment Demand

Next up in the current series looking back at 2024 multifamily performance is apartment demand. If you missed it, be sure to catch up on the article detailing last year’s new supply. All numbers will refer to conventional properties of at least fifty units. Additional market-specific information is available for free when you sign up to…