In U.S. submarkets with less than 1% inventory growth year-over-year, Class A units recorded a rent premium of 22% in 3rd quarter.
While most markets nationwide have seen record apartment construction activity, 10 have no new units under way.
With supply still at strong levels, some big apartment markets are offering significant discounts on rents.
After student housing deliveries fell to an abnormally low rate in Fall 2022, the coming school year should see a return to more usual completion volumes. Just 30,000 new student...
Among the nation’s submarkets that logged apartment inventory growth north of 10% in the past year, the Sun Belt was the dominant regional trend.
While pricing power has deflated everywhere across the U.S., the Northeast apartment market is still logging reasonable rent growth.
In several of the nation’s largest apartment markets, rent change in Class A units is weighing down marketwide readings.
Seattle still commands one of the nation’s top apartment demand showings, despite a considerably faded market performance. While solid, annual absorption for apartments fell...
In the fifth episode of Economy Express, this happened.
Asheville is expecting 3,549 units to come online in 2025, marking the highest delivery load on record.