In 2Q25, Sun Belt markets saw strong absorption, nearly 4 units leased for every new start, underscoring persistent demand amid cooling construction.
Such strong 4th quarter demand propelled annual absorption to 8,709 units across Raleigh/Durham in 2023, which was the highest rate on record.
Multifamily development slowed in July, amid an already stacked pipeline and continually rising interest rates.
While Chicago’s apartment market fundamentals tend to fall below national norms, more recent performances point to a trend reversal.
Apartment transaction volumes surged in 4th quarter, with the dollar value of trades – and the number of properties trading hands – hitting the highest level in more than 20 years, and possibly ever. Roughly 4,300 apartment properties changed hands at a value of nearly $148.9 billion during 4th quarter 2021, according to Real Capital read more
Job gains remain sizable among the nation’s largest markets, though the pace of growth is slowing.
Multifamily permit volumes jumped in November, as multifamily starts declined.
Moderate revisions to metro-level unadjusted employment data showed the pace of employment growth slowing.
Miami is a coastal metropolis and the second-most populous city in Florida. West Palm Beach is known for its natural beauty and palm trees, while Fort Lauderdale boasts affordable...
Apartment rents declined in November 2022 for a third consecutive month. And although fall/winter cuts were very normal seasonally prior to COVID, this isn’t just normal seasonalit...