Revisiting Apartment Market Forecast Profiles from 2024
https://www.realpage.com/analytics/checking-in-favorite-markets-2024/
Let’s take a look at how our predictions for 2024 have panned out across several key apartment markets.
Let’s take a look at how our predictions for 2024 have panned out across several key apartment markets.
The small Youngstown apartment market logged the nation’s worst net move-outs in the year-ending 3rd quarter.
Tampa rent positioning has faltered in the past year after peaking in July 2025.
Texas apartment markets have seen rents come down recently, under the pressure of sizable supply volumes.
San Diego logged net move-outs for 987 units in the October to December time frame, marking the worst demand reading nationwide, according to RealPage.
National apartment supply volumes finally peaked in 2024, but a handful of West Coast apartment markets are scheduled to see deliveries crest in 2025 and 2026.
The lowest rents across the nation can be found in a handful of – mostly southern – markets.
Average effective asking rents in the New Mexico market were up 7.2% year-over-year as of April, which was more than double the 3.2% increase in the U.S. overall.
In the latest episode of Economy Express, job growth is strong, the GDP is solid, and inflation is near the Fed’s target.
While 2024 marked peak apartment supply in the Southeast, construction activity is poised to slow.