Rent Growth May Finally Be Losing Some Steam
National monthly average effective rent growth was above 1% again in May, but cracks in momentum may be emerging.
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Market Spotlight: Orlando
One of the markets in which apartment demand has been resilient so far this year relative to the national cool down has been Orlando.
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Apartment Demand Cratered Further in April
National average occupancy and rent growth continued to look strong in April, but a continued decline in apartment demand is the story.
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Apartment Demand Continued Its Slide in March
Strong rent growth continued in March at the national level, but so did a more recently developed trend – declining apartment demand.
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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.
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Top 5: 2021 Apartment Demand
As part of our look back at 2021, we consider the markets that led the nation in apartment demand for the year.
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Market Spotlight: Houston
2021 has been a year of historic apartment demand and rent growth nationally, and Greater Houston certainly has not been an exception.
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Demand Has Cooled from Its Summer Peak, but Remains Elevated
Apartment demand has cooled off compared to earlier in the year, but monthly absorption remains higher than anything seen in recent years.
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Market Spotlight: Dallas – Fort Worth
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.