Easing Apartment Supply in Minneapolis Should Boost Occupancy
https://www.realpage.com/analytics/minneapolis-supply-waning/
As apartment supply volumes trend downward in Minneapolis, occupancy rates could recover in the near term.
As apartment supply volumes trend downward in Minneapolis, occupancy rates could recover in the near term.
The apartment market in Sioux Falls, SD has gotten consistently stronger over the last handful of years. Since about 2016, occupancy in this market with about 24,000 existing units...
In the latest episode of Economy Express, the government shutdown is keeping data suppressed and the Fed cut interest rates.
Phoenix has dominated the national leader board for apartment construction activity in recent years as deliveries hit a record high in calendar 2022. That growth pattern continues,...
The small market about 70 miles north of Dallas currently has about 6,800 existing apartment units – with another 2,000 on the way.
The U.S. has over 1.1 million more occupied apartment units today than it did at the onset of the global pandemic in early 2020.
To really appreciate the recent apartment supply peak, let’s look back at what the world was like last time deliveries were this high.
The lowest rents across the nation can be found in a handful of – mostly southern – markets.
While 2024 marked peak apartment supply in the Southeast, construction activity is poised to slow.
In the latest episode of Economy Express, job growth is strong, the GDP is solid, and inflation is near the Fed’s target.