Uneven Performance Between Price Classes
2024 has been an interesting year for the multifamily industry, and there have been some interesting developments at the price class level.
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.
Multifamily Absorption Stumbled in June
After seeing steady improvement throughout the spring months, national multifamily demand faltered in June.
National Apartment Demand Improved in April
National net absorption improved again in April after March broke the streak of negative monthly absorption at seven months.
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?
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.
Class A Shows Resilience
Rent growth continues to be strong across the price classes, but the slump in apartment demand is equally widespread.
Rent Growth Continues Its Blistering Pace
Apartment demand dipped in January, but rent growth continued at a pace well outside the range established over the last five years.
A Closer Look at Price Class Performance in 2021
As promised in our most recent newsletter, today we take a more detailed look at 2021 price class performance.