Colorado’s Largest Markets See Some of the Nation’s Steepest Rent Cuts
https://www.realpage.com/analytics/colorado-markets-steep-rent-cuts/
Some of the nation's deepest rent cuts were seen in Colorado markets in the past year.
Some of the nation's deepest rent cuts were seen in Colorado markets in the past year.
The typically stable Wichita apartment market saw rent growth climb ahead of the national average in March, though prices continue to remain on the affordable side.
Young adults are shifting demand in the housing market, as reported in the latest RealPage Webcast.
The cost of goods and services for U.S. consumers cooled for the 10th consecutive month amid higher interest rates imposed by the Fed to curb inflation.
The cost of goods and services for U.S. consumers eased for the 12th consecutive month in June.
Buoyed by a rapidly growing population and steady job increases, apartment demand in Provo-Oren reached a five-year high in 3rd quarter 2024.
Apartment inventory growth in Salt Lake City has been hefty, inspiring 13-year lows in occupancy and rent change.
As the national supply wave crests, Class A apartment units have reported recovery in both occupancy and rent change in recent readings.
U.S. inflation hit a two-year low in May, after easing for the 11th consecutive months.
The U.S. apartment market continues to weather historically high supply volumes, with occupancy and rents holding stable in May.