3rd Quarter Forecast Impacted by FOMC
https://www.realpage.com/analytics/3q25-forecast-update/
Economic uncertainty and recent rate cuts impact the latest forecast update.
Economic uncertainty and recent rate cuts impact the latest forecast update.
Among the largest publicly traded multifamily REITs, supply pressure is finally easing.
With new supply hitting at a rapid pace, a handful of markets are expected to perform above expectations in the coming year.
The Bureau of Labor Statistics reports annual job gains at the market level have returned to pre-pandemic norms.
Indianapolis and St. Louis were among the nation’s best job gain performers in the year-ending September.
With a limited supply of for-sale listings and peak interest rates, home prices increased for a fifth consecutive month in June.
Supply volumes remain at record levels in the U.S. apartment market, though deliveries continue to fall from recent peaks.
While U.S. apartment supply volumes hit a record in 2023, the number set to complete in 2024 is even more.
New apartment supply is a governing factor across the Southeast, with big completion volumes inspiring rent cuts.
The growth in the student housing sector has continued through 2016 and into 2017 as more and more investors entered the space to develop additional assets at universities across the country. The expansion of new privately owned student housing supply seems to have a natural effect on the performance of select markets. Nationwide, the student read more