Houston has proved to be a surprisingly strong apartment demand performer over the past year, with product absorption topping levels that the performance of the local economy might suggest. Still, with new supply at substantial levels too, occupancy runs under the national norm, and there’s not much pricing power. Looking ahead, the outlook for the energy sector is always a wild card in local economy, pointing to a wide range of possible apartment sector performance outcomes. Join RealPage analysts for an examination of what’s shaping the apartment sector performance in Houston and what’s likely to happen over the near term.
Discussion topics include:
- Houston construction activity
- Local economy and other apartment demand influences
- Apartment occupancy and rent change by product class
- Performance variation across the metro’s key neighborhoods
Greg facilitates the alignment of the firm’s technology and analytics solutions with rental housing sector needs and opportunities. He is well versed on rental housing market fundamentals and activity nationally, by metro and in individual neighborhoods. Greg is active in industry organizations such as the National Multifamily Housing Council, the Urban Land Institute and the National Apartment Association. He provides commentary for national and local business media.
Adam Couch
Market Analyst, RealPage, Inc.Adam Couch is a market analyst and has extensive experience researching economic and demographic trends that support clients in their investment decisions. He has been a featured speaker at several multifamily housing industry conferences and regularly provides commentary for national and local business media. Prior to joining RealPage, Adam worked at Fannie Mae, advising leadership on risk management for current pricing and acquisitions.
