What’s on the horizon for Charlotte’s apartment market this year

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Charlotte Business Journal (January 20, 2020) — Don’t expect Charlotte’s pipeline of new apartments to lose steam in 2020. The Queen City is among several metro areas slated to lead the nation in new apartment supply this year, according to a recent RealPage Inc. report on market performance in the fourth quarter of 2019.

To be more specific, RealPage (NASDAQ:RP) pegs the number of new apartments to come online across the Charlotte metro this year at 9,130 — up 42%, or by nearly 2,700 units, from the 6,437 new apartments in 2019.

Read more at: Charlotte Business Journal

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