Robust Apartment Demand Leads to Healthy Occupancy, Stable Rent Growth

Apartment absorption surged to a near-record volume in 2nd quarter 2017, easily outpacing completions. Strong demand lifted occupancy rates, leading to stabilized rent growth levels.

A new quarterly report combines the market-leading expertise and analysis of real estate technology and analytics firm RealPage, Inc. with Axiometrics, now a RealPage company. The complete U.S. findings on supply-demand fundamentals and occupancy and rent growth leaders by metro for 2nd quarter 2017 are now available here.