RealPage Analytics Blog

Insights

Table displaying the top 10 markets with units under construction and corresponding inventory changes.

Small Apartment Markets with Big Inventory Growth

Table listing top 10 markets by units under construction and inventory change percentage, with Nashville at the top.

Apartment Markets Expecting the Most Inventory Growth

Line graph showing annual change in average hourly earnings and annual inflation rate from Nov 2012 to Nov 2022.

Inflation Continues to Outstrip Wage Increases

Bar graph displaying unemployment rates by market, showing Miami with the lowest at 1.5%, and Las Vegas the highest at 5.6%.

Miami Records Lowest Unemployment Among Major Markets

Bar and line graph depicting Portland-South Portland, ME vacancy and occupancy rates from Nov 2019 to Nov 2022.

Only 600 Available Apartment Units in Portland, ME

Line graph comparing year-over-year effective asking rent change for Wilmington, NC and the U.S. from Nov 2017 to Sept 2022.

Rent Hikes in Wilmington Trend Above U.S. Norm

Bar chart displaying average cap rates for various cities and U.S. average in Q3 2022, with Phoenix at 3.6%.

West Region Markets Have Nation’s Lowest Cap Rates

Bar charts illustrating predicted vs actual annual supply delays (k) and estimated percentage delays over time.

Multifamily Delivery Delays Continue as Pandemic Labor & Material Shortages Persist