Can Charlotte Sustain Strength as Supply Surges in 2017?

Charlotte has been a national leader for apartment construction volumes during the current economic cycle. But having strong demand drivers, the market has worked through new supply nicely, keeping overall fundamentals in solid shape. By market segment, however, the story is a little more nuanced, as signs of supply stress have emerged. Meanwhile, scheduled deliveries in 2017 top 2016’s volume by roughly 25%. How will the increase impact market performance? MPF Research economists discuss the outlook in Apartment Market Dynamics.