Apartment Demand Ticked Up in March
National net absorption in the first quarter marked an improvement from previous quarters, but not all was roses.
National net absorption in the first quarter marked an improvement from previous quarters, but not all was roses.
Multifamily performance in Dallas – Fort Worth has had a rougher go of it over the last year, and particularly in recent months.
Not just Sunbelt markets could be feeling pressure from new supply in 2023, and the challenge will also not be limited to primary markets.
The interplay between new supply and apartment demand will be an issue at the forefront of multifamily performance in 2023.
Like many high-growth markets, Charlotte suffered from lower apartment demand and an active construction pipeline in 2022.
Rent growth finally succumbed to the gravity of negative net absorption in November after months of steady declines.
Tampa was at the forefront of the multifamily recovery last year and has similarly typified the challenges of the new environment.
The third quarter brought into focus the changed environment for multifamily. What can price class performance tell us about affordability?
Average occupancy has been on the decline in recent months, but thanks to last year’s apartment demand, plenty of cushion remains.