Apartment Market Demographics

Housing Industry Should Shift Its Views on Millennials, NMHC Panelist Says

As more millennials enter adulthood, apartment owners and operators keep trying to understand and satisfy the sprawling group’s housing preferences. But that’s an impractical pursuit, according to one demographics and housing expert who says the term “millennial” includes such a broad and diverse population that it doesn’t hold much meaning. Take Mark Zuckerburg and the read more

Minneapolis/St. Paul Sees Rent Growth Surge

Minneapolis/St. Paul Sees Rent Growth Surge

Very high occupancy but very limited rent growth – historically, that’s the profile of the Minneapolis/St. Paul apartment market. But in 2016, apartment operators became much more aggressive on rents. Rent growth measured 4.8% in 2016, a five-year read more

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