2024 Apartment Supply Scheduled to Outweigh 2023
https://www.realpage.com/analytics/2024-apartment-supply-tops-2023-records/
While U.S. apartment supply volumes hit a record in 2023, the number set to complete in 2024 is even more.
While U.S. apartment supply volumes hit a record in 2023, the number set to complete in 2024 is even more.
Class A rents tend to grow faster than U.S. norms, but in some Sun Belt markets, the pace of outperformance is notably stronger.
The U.S. apartment market saw fundamentals trend upward again in February 2026.
In the forecast for next year, the soft job market is impacting the apartment market performance upside.
Annual job gains in the top markets in the country continued to slow compared to recent activity but are still relatively strong. Economic headwinds like higher inflation, consumer...
The Phoenix apartment market spent half of the past decade as an outperformer. Recently, however, the market has been decelerating at one of the fastest clips nationwide. Over the...
The South is the Build-to-Rent construction leader, with nearly 76,000 units under contruction.
Only a handful of apartment markets posted rent ahead of seasonal trends in 1st quarter, based on a comparison to the pre-pandemic decade average.
About 60% of major markets posted 1st quarter occupancy below pre-COVID rates.
While apartment construction activity is up almost everywhere nationwide, five states are building nearly half the nation’s total volume of supply. The five states with the larges...