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March 2018Apartment Permit Volumes Data

MPF Apartment Data & Market Research

Multifamily Permit Volumes Top 400K Units Again in March

Annual multifamily permitting activity surpassed the 400,000-unit mark for the second consecutive month, and most leading metros saw permit volumes increase in March. Local governments across the country approved 407,719 multifamily units in the year-ending March 2018, according to U.S. Census data. That permitting activity, inclusive of the 38,448 units authorized during the month of read more

Phoenix Lands at #6 on Rent Growth Leaderboard

Phoenix Lands at #6 on Rent Growth Leaderboard

Phoenix’s apartment market continues to put up strong performances, with the Arizona metro landing among the national leaders for rent growth in 2017. The 4.4% rent hike in Phoenix was the sixth largest among the major U.S. read more

Midland/Odessa Rent Growth is Off the Charts

Midland/Odessa Rent Growth is Off the Charts

The Midland/Odessa apartment market recorded a stunning rent hike of 41.6% in 2017. That was by far the strongest annual rent growth in the country, and the most aggressive price positioning the Permian Basin has registered since read more

Demand Surge Puts Houston on Top in 4Q

Demand Surge Puts Houston on Top in 4Q

Houston was the nation’s leader for apartment demand in 4th quarter 2017 as a flurry of leasing activity following Hurricane Harvey drove up the metro’s overall numbers. The big surge in demand provided a shot in the read more


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