Average effective rent growth for new leases has shown strong improvement over the last year. After peaking out a modest 0.9% gain in the previous twelve-month period, the national average effective rent has grown by 3.5% over the last twelve months. Below the national average, some important distinctions have emerged. All numbers will refer to…
This year’s opening quarter included multiple interesting developments that will have ramifications for multifamily performance as 2025 unfolds. Outside the industry, in just the first few days of April, seismic U.S. trade policy changes are just beginning to make their early impact felt. As has been the case for the last handful of years, there…
2024 was a key step in the right direction for the multifamily industry. In the face of historic new supply pressure, the decline in national average occupancy was smaller than in 2022 or 2023. Net absorption showed robust annual improvement for a second straight year. Average effective rent growth for new leases more than doubled…
With the end of the year rounding into view, it is a perfect opportunity to spend some time evaluating recent rent performance.
Even with continued difficulties for new construction, more than 100,000 new units were delivered across the US through April.
As part of an ongoing series evaluating specific markets around the country, Dallas – Fort Worth is next up.
One of the perspectives that especially draws out 2020 multifamily performance variance in that of price class. With that in mind, let’s take a closer look.
As part of an ongoing series evaluating specific markets around the country, Cleveland is next up.
As part of an ongoing series evaluating specific markets around the country, Chicago is next up.
