Market Intelligence: Q3 Florida Update
Florida apartment markets have been at the center of considerable ups and downs during the past few years.
A surge in migration led to an immense tightening of inventory from 2020 through mid-2023, before new development could catch up again. Today, migration remains positive, though well below past-year levels, while concurrent supply levels have hit a multigeneration high.
For many Florida markets, peak supply has passed, suggesting that demand can and should soon begin to catch up. But looming economic uncertainty clouds the outlook for Florida, one of the nation's most active investment hotspots.
Join RealPage® market experts as they review mid-year market fundamentals in Florida and share their outlook for budget season in the Sunshine State. Will 2026 bring sunnier skies or does the forecast remain stormy?
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.
Dustin Weaver
Market Analyst, RealPage, Inc.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.
