Apartment Demand Slows, Leading to Uncommon 3rd Quarter Rent Cuts
https://www.realpage.com/analytics/3q-2025-data-update/
Apartment demand slowed recently, triggering rare 3rd quarter rent cuts.
Apartment demand slowed recently, triggering rare 3rd quarter rent cuts.
The City of Brotherly Love and the Steel City. Rich in the nation’s history, Philadelphia sits between the metropolitan areas of New York and DC. Roughly 300 miles inland, Pi...
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.
The price of goods and services in the U.S. continued to soar in June despite efforts by the Federal Reserve System to curb inflation. The Consumer Price Index (CPI) for All Urban Consumers, a measure of price changes commonly referred to as the inflation rate, increased 9.1% on an annual basis in June 2022, according read more
To download this report, click here. COVID-19 thrusted rental housing affordability into the spotlight. Headlines warned of a pending eviction tsunami. Policymakers moved to provide backstops – from direct cash stimulus to expanded unemployment pay to eviction moratoria to rental assistance. When it became clear the “tsunami” hadn’t arrived and wasn’t coming, many analysts credited read more
January marked stabilizing occupancy and easing rent cuts in the U.S. apartment market.
October marked a third consecutive month of annual rent cuts for the U.S. apartment market.
Apartment transactions logged a fourth consecutive quarter of increase at the end of 2025.
The arrival of the 2023 calendar year brings with it lots and lots of questions. Only time will tell the degree to which downside risks – a four-decade supply peak, negative...