Multifamily Development is Definitely Slowing
https://www.realpage.com/analytics/multifamily-permits-declining-june-2023/
The U.S. Census Bureau reports multifamily starts and permits are both fading as of June.
The U.S. Census Bureau reports multifamily starts and permits are both fading as of June.
While the seasonally adjusted annual rate for multifamily starts jumped in May, there are a few factors weighing on that measure.
The annual benchmark revisions from the Bureau of Labor Statistics (BLS) boosted December 2022 overall employment levels in two-thirds of the top 150 markets RealPage tracks by an...
Supply is forecasted to be a key influence on apartment market performance in calendar 2024.
Discover how Mooresville ranks among the nation’s busiest multifamily submarkets, fueled by renter demand and strong absorption.
The largest share of U.S. renters belongs to the Starting Out Single cohort, which makes up nearly one third of all apartment renter households. RealPage performed a massive study of more than 11 million individual apartment leases to create an industry-leading cluster analysis of U.S. apartment renters. Those 11+ million leases were analyzed by our read more
The pace of new home construction slowed again in August.
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In the fourth episode of Economy Express, this happened.
Apartment supply hit an all-time high in Philadelphia in 2023, and nearly 40% of all that new construction came online in City Center alone.