Limited Supply Keeps Apartment Occupancy Tight in Providence
https://www.realpage.com/analytics/sms-providence-2q24/
The small Providence apartment market has enjoyed very tight occupancy recently, amid limited new supply volumes.
The small Providence apartment market has enjoyed very tight occupancy recently, amid limited new supply volumes.
The U.S. added just 50,000 jobs in December, which was the slowest pace the market has seen since 2000.
Explore how 2023’s Fortune 500 companies shaped multifamily performance, rental growth, and market investment across major U.S. metros.
In these 16 U.S. apartment markets, no apartment construction activity is under way.
Fargo ranked among the nation’s best rent growth performers in the year-ending February.
Omaha’s apartment market has seen significant new supply volumes in recent years, but occupancy in this market remains solid.
The Consumer Price Index, a measure of price changes commonly referred to as the inflation rate, registered at 3.2% in the year-ending July 2023, according to the BLS.
Though apartment occupancy in Jackson has softened in recent months, Jackson ranks among the nation’s top 10 for rent growth in July.
With a limited supply of for-sale listings and peak interest rates, home prices increased for a fifth consecutive month in June.
Apartment supply hit an all-time high in Philadelphia in 2023, and nearly 40% of all that new construction came online in City Center alone.