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Market Intelligence: Five Big Questions for Multifamily Housing in 2023

Now Available On Demand

As the 2022 calendar year closes, all eyes are focused on 2023.

Join RealPage® experts Jay Parsons and Carl Whitaker as they share their thoughts on five key trends that will influence 2023 multifamily performance ― and how you can tailor your strategies to account for changing market conditions.

Included in this discussion will be:

  1. Thoughts on the nation’s record construction pipeline. How will supply (and lease-up performance) impact Class A properties?
  2. A breakdown of demand fundamentals. Does demand return after a sluggish 2022, and if so, to what degree?
  3. Insights into what happens with rents in 2023. How do new lease rent changes influence renewal rents, and what is the current state of loss-to-lease measures?
  4. How external influences like higher rates affect deal volume in 2023. Will changes in interest rates, cost of debt, etc., influence buyer/seller activity into the New Year?
  5. The impact of rising operational expenses on performance (NOI) and budgeting. Do expenses continue to increase at a similar pace into 2023, and how does moderating rent growth influence bottom-line revenue growth?

Jay Parsons

SVP & Chief Economist, RealPage, Inc.

Jay Parsons serves as Senior Vice President, Chief Economist for RealPage, leading the Economist and Industry Principal teams to provide deep insights on market trends and consumer behaviors. He is a frequent author and industry speaker on topics affecting multifamily apartments and single-family rentals, including rental housing investment and asset management strategy, rental housing policy issues, risk mitigation and property management.

Jay has been cited in The Wall Street Journal, Bloomberg, The Financial Times, The Economist, and The New York Times, and he has appeared on CNBC and BloombergTV. His commentaries have been published by Barron's, the Pension Real Estate Association, the Mortgage Bankers Association, the National Apartment Association, American Banker and GlobeSt.

Carl Whitaker

Vice President & Chief Economist, RealPage, Inc.

Carl Whitaker is RealPage’s Chief Economist, leading the company's team of economists and market analysts. Carl and the Market Intelligence team specialize in analyzing and disseminating economic and market trends for the rental housing industry. He primarily focuses on presenting trends in the rental housing industry to a wide audience, including investors, asset managers, operations professionals and media, among other personas. Carl has been cited in the Wall Street Journal, Bloomberg and GlobeSt and is a frequent keynote speaker for industry events. Carl holds degrees from the University of North Texas, including a Master of Science in Applied Geography. 

Market Intelligence: Five Big Questions for Multifamily Housing in 2023

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Market Intelligence: Five Big Questions for Multifamily Housing in 2023

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