Job growth numbers may have been overstated in 2017, but revisions weren’t as sharp as in previous years. That’s the takeaway from the latest data revisions by the Bureau of Labor Statistics (BLS). At the beginning of each year, the BLS releases revised job numbers for the previous year. This revised data contains additional information read more
While apartment construction activity is up everywhere, some markets will feel more impact than others.
U.S. apartment rents cooled for a second straight month behind weak demand. October’s cut ranked as the third largest since 2010, topped only by the COVID-era lockdown period...
Rents for professionally managed apartments ticked up a minor 0.3% in the year-ending January 2024, with change measured on a same-store basis, according to RealPage.
U.S. apartment retention keeps climbing after reaching record highs this year. Renewal rates – which had been climbing steadily since 2010 – were boosted in 2020 as many renters were unwilling or unable to relocate due to the COVID-19 pandemic. Data sourced from millions of units running on the RealPage platform indicate that 53.3% of read more
As macroeconomic challenges climb, investor interest in the build-to-rent (BTR) space continues to increase. Some markets – mostly in the Sun Belt – have emerged as BT...
Dallas and Houston have increased multifamily permits while New York, Austin and Phoenix have slowed permits notably.
Texas markets continue to rank among the nation’s best for employment gains, but job growth continues to ease in those areas.
Austin has seen record apartment supply and demand recently, but occupancy and rents have taken a hit.
Asheville is expecting 3,549 units to come online in 2025, marking the highest delivery load on record.