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RealPage: Market Stable, but Number of Unit Starts Less Certain in 2018

MULTIFAMILY EXECUTIVE (January 11, 2018) – Assessing the multifamily market at the start of 2018, Greg Willett, RealPage’s chief economist, likes the industry’s current position.

“ ‘Stable’ is the word we come back to over and over again when we talk about the overall performance,” he says. Rents climbed 2.5% in 2017, according to RealPage, while national occupancy remained at 95.1% at the end of the fourth quarter, unchanged from the year before.

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