Series: Market Update
Up Close and Local: Houston Market Update
After a brief lull in metro Houston’s new apartment deliveries, the pace of construction activity is accelerating once more. While robust economic expansion sets the stage for strong housing demand, apartment occupancy has been below ideal in recent years. Furthermore, there was a struggle to get rent growth going again during the initial months of 2019.
Join RealPage Chief Economist Greg Willet and Data Analyst Adam Couch for an examination of apartment market fundamentals in metro Houston.
Discussion topics include:
- The local economy and other apartment demand influences
- Apartment occupancy and rent growth by product class
- Performance stand-outs on the neighborhood level
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 CouchMarket Analyst, RealPage, Inc.
Adam Couch is a market analyst with RealPage’s Data Analytics division. Prior to joining Realpage, Adam worked in the foreign exchange and futures industry where he focused specifically in capital markets. He graduated from the University of North Texas with a degree in Finance and was a part of the Student Investment Group. Adam has traveled extensively throughout China where he studied international policy and its impact on macroeconomics.