A continuing and pervasive concern within the affordability issue is the lack of supply of affordable housing to households with the greatest need. Affordable units currently in place are typically supported by either a federal housing program or tax subsidy. As such, these properties adhere to a low-income restriction as defined by HUD for a read more
The nation’s leaderboard is once again heavy on West region markets, but many are not the usual contenders. See which markets made the cut, which didn’t, and the trends behind the rankings. MPF Research provides a full summary of the U.S. apartment market performance in 1st quarter read more
There certainly hasn’t been a shortage of articles highlighting how remarkably strong apartment rent growth has been during this current cycle. For five straight years, same-store annual rent growth among the top 100 U.S. markets has averaged roughly 3% or higher. Over the read more
Demand for U.S. apartments stumbled in 1st quarter 2016 as uncertainty about the nation’s near-term economic outlook appears to be slowing household formation. Still, the U.S. apartment market remains very tight in terms of occupancy, and rent growth remains robust, led by increases read more
Among the U.S. apartment quality spectrum, Class A product has been the usual leader for occupancy rates and rent growth. But these top-quality assets are facing stiff competition from other luxury apartments being built at an unprecedented pace during the current supply wave. read more
The Austin metro has been a national leader for job growth and household formation during the current cycle. Those strong structural drivers have spurred along apartment demand and rent growth levels throughout Austin’s ongoing supply wave.