Stellar 2Q Apartment Demand in Key Markets
https://www.realpage.com/analytics/markets-solid-2nd-quarter-demand/
In a handful of apartment markets, solid 2nd quarter demand accounted for more than 100% of annual absorption, according to RealPage.
In a handful of apartment markets, solid 2nd quarter demand accounted for more than 100% of annual absorption, according to RealPage.
RealPage gives examples of the type of apartment or build-to-rent projects that will still be breaking ground in today’s environment.
Dive into data on one of Texas’s busiest submarkets, where robust leasing and new development fuel continued multifamily market strength.
Over the past five years, some Charlotte submarkets have seen existing apartment counts grow by more than 50%.
It’s true: apartment construction is at a 50-year high with about 1 million units under construction. But that’s not as much cause for worry as you may think.
Cleveland’s apartment revenues increased notably in the past year, despite occupancy loss.
The St. Louis apartment market continued at its typically stable pace in 3rd quarter, holding onto demand and logging historic rent growth while fundamentals softened in many marke...
Landing in the #10 spot on our list of rapid inventory growth is Austin’s Cedar Park submarket. The submarket encompasses various Williamson County cities including Cedar Park, Leander and Liberty Hill. Cedar Park’s existing apartment base expansion rate since 2012 is 63.6%. Turning that percentage into a unit count, the submarket has received 2,947 new read more
Huntsville has been the nation’s fast-growing apartment market for two years now.
Spurred by strong job gains and rapid population growth, these small Texas markets have grown apartment stock significantly or are poised to do so in the near future.