In the latest episode of Economy Express, unemployment claims increase and mortgage activity cools, as inflation and impeding tariffs challenge the economy.
The pandemic’s impacts including lockdowns, reshuffling migration patterns, and higher variability of lease terms (fewer of the standard 12-month leases and an increase in no...
Among the nation’s worst occupancy performers – mostly across the South region – vacancies climbed in May.
The small Baton Rouge apartment market is the nation’s worst occupancy performer in July 2023.
The nation’s total job base expanded 2.0% in 2023. In 12 states, however, that rate of job growth was even stronger.
Among some high supply apartment markets posting rent cuts in 2023, luxury Class A product is the relatively strong performer, posting less severe rent cuts than Class B and C coun
Suburban inventory growth has traditionally averaged below 2% per year but has almost doubled since early 2023.
The Consumer Price Index, a measure of price changes commonly referred to as the inflation rate, registered at 3.2% in the year-ending July 2023, according to the BLS.
Though apartment occupancy in Jackson has softened in recent months, Jackson ranks among the nation’s top 10 for rent growth in July.
The 500,000-plus market-rate multifamily units that are set to deliver in 2025 will impact expectations.