Average Vacant Days Climbs Above Pre-Pandemic Level
https://www.realpage.com/analytics/vacant-days-climbs/
Units are sitting vacant for longer as the average number of vacant days now sits nearly five days longer than the pre-pandemic rate.
Units are sitting vacant for longer as the average number of vacant days now sits nearly five days longer than the pre-pandemic rate.
While some multifamily apartment markets have seen inventory growth peak already, the Charlotte apex is expected in 2nd quarter 2025.
In Huntsville, apartment supply volumes are surging to levels commonly reserved for much bigger markets.
Absorption of 2,451 units nearly kept pace with new supply in Reno in 2024, propelling annual demand to a 23-year high.
While record supply continues to be the main story in the U.S. apartment market, demand surged in 2nd quarter, narrowing the gap between the two.
Our Chief Economist explores the qualitative and quantitative factors driving apartment absorption in 2025.
A few campuses have already risen to the top of the occupancy leaderboard over the last three years, led by Appalachian State University and Illinois State University.
Apartment rent change performances varied across the Mountains/Desert region apartment markets in May.
Even though apartment demand is still going strong in Texas, rent cuts are becoming more common.
Two Kentucky apartment markets went against the South region trend, logging solid rent growth in the year-ending November.