Improvement in Multifamily, but Challenges Remain
Looking ahead, there is reason for optimism for multifamily performance in 2024 as well as potential for further challenges.
For 2023 Multifamily Performance, Context is Key
Was apartment demand well below average in 2023 or did the year see a big bounce back? The answer is some of both.
A Comparative Look at New Supply: Part Two
While many markets around the country face continued new supply pressure going into 2024, there are those that are not.
Market Spotlight: San Francisco – Oakland
The San Francisco – Oakland market has been a top-performer this year among multifamily markets thanks in part to a slowdown in deliveries.
Apartment Demand Improved in August
After struggling earlier in the summer, national net absorption took a major step in a positive direction in August.
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.
Multifamily Absorption Stumbled in June
After seeing steady improvement throughout the spring months, national multifamily demand faltered in June.
Top 5: Apartment Demand
The latest installment of the Top 5 series is a look at market-level leaders in net absorption through May of 2023.
National Absorption Improving, But Remains Low
National net absorption has been on the upswing in recent months, but demand remains low relative to longer term norms.