Texas Apartment Supply Volumes Set to Fade in 2026
https://www.realpage.com/analytics/texas-webcast-recap-4q-2025/
The Texas apartment market has seen notable supply activity, weighing on occupancy rates.
The Texas apartment market has seen notable supply activity, weighing on occupancy rates.
After reigning as the leader for apartment supply volumes in the past year, scheduled deliveries for the near term in Texas are softer.
Los Angeles is scheduled to see apartment supply peak in 2026, a bit later than in other markets across the U.S.
Just over 54% of renters in market-rate apartments renewed their leases in the year-ending October 2024, amounting to a 120 basis point (bps) climb over last year.
San Francisco effective asking rents for new-resident leases are down to $2,927 as of September, dipping below $3,000 for the first time in five years. With that pricing slide, the monthly rent difference between San Francisco and neighboring Oakland is down to $266. Given East Bay apartment demand over the past decade was fueled in read more
Apartment supply continues at record levels in 1st quarter, though the pace at which deliveries are hitting the market has fallen considerably.
Class A apartment units are still seeing rent growth, despite occupancy hitting below national norms.
Whether coastal or Sun Belt-focused, multifamily REITs are employing similar strategies to counter economic and supply challenges, according to 2nd quarter earnings calls.
In the most recent REITs earnings calls, operators are navigating a complex landscape shaped by interest rate uncertainty and shifting renter demographics.
: As inventory growth has increased significantly in the U.S. apartment market, a handful of metros saw all-time high inventory growth rates, according to RealPage Market Analytics