Is Accelerated Rent Growth in Store for Baltimore in 2017?

Baltimore’s apartment market has been a slight underperformer during the current economic cycle. Current performance metrics are in line with the market’s historical trends, despite competitive pressures from elevated construction volumes not only within the metro itself, but also in neighboring Washington, DC. Is there anything in the data to suggest that apartment revenue growth in Baltimore will pick up from what has been a slow-but-steady pace? MPF Research economists discuss the outlook in this Apartment Market Dynamics video.