When Apartment Demand Slows, the Nation’s Heartland Shines
https://www.realpage.com/analytics/midwest-markets-solid-lease-trade-out/
The slow-and-steady nature of Midwest apartment markets tends to benefit the region during periods of slow demand.
The slow-and-steady nature of Midwest apartment markets tends to benefit the region during periods of slow demand.
While some multifamily apartment markets have seen inventory growth peak already, the Charlotte apex is expected in 2nd quarter 2025.
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.
In 2024’s first three months, more apartment supply was delivered in the U.S. than in any other quarter in the market’s history.
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.
In Huntsville, apartment supply volumes are surging to levels commonly reserved for much bigger markets.
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.