The East Coast has quietly emerged as one of the few regions in the country with resilient occupancy and rent growth amid an overall national performance slowdown. Though aggregate absorption figures have trailed other key U.S. regions, the slow-yet-steady trickle of demand in recent months, coupled with a relatively modest supply pipeline, has helped support revenue growth in several markets along the eastern seaboard.
Will this resilience continue in 2024, or will demand begin to ease significantly enough to impact performance numbers? Join RealPage® market experts Dustin Weaver and Julia Bunch as they review performance across the nation's East Coast region and discuss what to expect in 2024.
Markets Covered:
- New York-White Plains, NY
- Boston-Cambridge-Newton, MA/NH
- Providence-Warwick, RI/MA
- Hartford-West Hartford-East Hartford, CT
- Nassau County-Suffolk County, NY
- Rochester, NY
- Albany-Schenectady-Troy, NY
- Buffalo-Cheektowaga-Niagara Falls, NY
- New Haven-Milford, CT
- Bridgeport-Stamford-Norwalk, CT
- Norwich-New London, CT
- Worcester, MA/CT
- Springfield, MA
- Manchester/Nashua/Concord, NH
- Portland-South Portland, ME
- Syracuse, NY
- Watertown-Fort Drum, NY
- Utica-Rome, NY
- Ithaca, NY
Additional States Covered:
- Delaware
- Maryland
- New Hampshire
- New Jersey
- Pennsylvania
- Vermont
- Virginia
Dustin Weaver is a Market Analyst with RealPage's Data Analytics division, where he focuses on conventional apartment market analysis, research and data methodology. Dustin leverages his background in partnering with institutional investors and REITs to enable easier consumption and application of multifamily data and analysis.
Julia Bunch
Content Manager & Real Estate Writer, RealPage, Inc.Julia Bunch is the Content Manager and Real Estate Writer at RealPage, where she focuses on delivering data-driven insights into multifamily housing market trends. Julia has worked as a reporter, writer and editor covering commercial real estate, urban issues and economic development for publications such as D Magazine, Dallas-Fort Worth Real Estate Review, D CEO Magazine and Bisnow.
