While absorption patterns are strong, the pace of leasing suggests some demand may be pulled forward from later in the year.
The South remains the nation's biggest region for BTR construction in 2026.
The record number of apartment units in lease up has impacted all three product segments, resulting in a reduced pricing premium between asset classes.
In about a third of the nation's largest apartment markets, there have never before been this many units under construction. Over 917,000 units are currently under construction ac...
Unemployment rates were deepest in the West, and smallest in the South and Midwest in December.
Multifamily starts jumped in February, as residential development was inspired by better weather and tight inventories.
Multifamily permits and starts continued to decline in the year-ending October, but single-family development is rebounding.
The nation’s total job base expanded 2.0% in 2023. In 12 states, however, that rate of job growth was even stronger.
Three themes emerged in 1st quarter multifamily REIT earnings calls.
Most of the top markets for multifamily permitting in the year-ending March are also among the top 10 markets for single-family permitting.