Market Spotlight: Tampa
One of the leaders in rent growth over the last year has been the Tampa market, and it appears those gains are beginning to pressure demand.
One of the leaders in rent growth over the last year has been the Tampa market, and it appears those gains are beginning to pressure demand.
As part of our look back at 2021, we consider the markets that led the nation in apartment demand for the year.
2021 has been a year of historic apartment demand and rent growth nationally, and Greater Houston certainly has not been an exception.
Apartment demand has cooled off compared to earlier in the year, but monthly absorption remains higher than anything seen in recent years.
In what has been a remarkable bounce back year for multifamily, the DFW market has been the leader in both new supply and apartment demand.
Secondary markets continue to perform well this year, but primary markets have come on strong in recent months.