Share
/ Company / News / Sacramento will have faster apartment growth than any large U.S. city, analyst predicts

News

Sacramento will have faster apartment growth than any large U.S. city, analyst predicts

THE SACRAMENTO BEE (May 08, 2018) – Good news for beleaguered Sacramento renters: The metropolitan area is expected to lead the country this year in growth of new apartment units, a national analysis shows.

More than twice as many rental units will be built here this year than last year, about 1,600 in all. That puts Sacramento at the top of the growth-rate list among the 50 largest cities, ahead of Los Angeles, Denver and Providence, according to data from RealPage, a national real estate data company.

Though Sacramento is expected to have a greater percentage increase — 137 percent — Los Angeles will have far more units constructed in pure numbers at 14,000. No other California city made the top 10.

Read more at: THE SACRAMENTO BEE.

Contact Sales