Part 1: New Supply in the Current Demand Environment
The interplay between new supply and apartment demand will be an issue at the forefront of multifamily performance in 2023.
-
-
Market Spotlight: Charlotte
Like many high-growth markets, Charlotte suffered from lower apartment demand and an active construction pipeline in 2022.
-
National Rent Growth Finally Turned Negative in November
Rent growth finally succumbed to the gravity of negative net absorption in November after months of steady declines.
-
Market Spotlight: Tampa
Tampa was at the forefront of the multifamily recovery last year and has similarly typified the challenges of the new environment.
-
What Can Price Class Performance Tell Us About Multifamily Affordability?
The third quarter brought into focus the changed environment for multifamily. What can price class performance tell us about affordability?
-
Occupancy Likely to Remain Elevated Through End of 2022
Average occupancy has been on the decline in recent months, but thanks to last year’s apartment demand, plenty of cushion remains.
-
So Far, No Summer Bump in Net Absorption
Summer temperatures are on the rise, but apartment demand is not. A cool down that began during the winter months has persisted through June.
-
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.
