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Many Metros’ Occupancy Rates Well Below Peaks

Many Metros’ Occupancy Rates Well Below Peaks

Despite near-record demand in 2nd quarter 2017, U.S. apartment occupancy is still trending below the recent peak. Driving that trend has been normalizing occupancy rates in several major metros, according to a new report from Axiometrics, a RealPage company.

The report compares occupancy in several of the nation’s largest metros to recent peaks. Due to a variety of reasons, occupancy in most markets has fallen off recent peaks, while other markets could see occupancy peak this year.

For the complete findings, view the report here.

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