Market Intelligence: Pacific & Mountain West Q2 Update
The nation’s most geographically expansive region, the Pacific & Mountain West contains a similarly wide range of performance outcomes with regards to their local apartment sectors. The tech-driven Pacific Northwest metros of Seattle and Portland have been more insulated against immense supply pressure that has influenced the trends seen in the Mountain West metros of Phoenix, Salt Lake City, Denver, and Las Vegas. Still, while supply remains a key theme there are locally nuanced differences in demand patterns too.
What demand themes such as cooling labor market fundamentals are economists closely monitoring? And is the rapid pullback in local supply – especially among the region’s Mountain West metros – significant enough to provide some buffer against softening demand?
This webcast will review key supply and demand trends across the nation’s Pacific Northwest & Mountain West region, including how these forces are shaping 2026’s 2nd half outlook.
Key Topics:
- Supply/Demand Fundamentals: How much far – and how quickly – will supply tumble from its 2020s cycle peak? And what demand drivers are working in favor (and against) apartment absorption?
- Performance Metrics: An overview of occupancy, rent growth, and renewal trends across major metros. Which metros are leading, which are lagging, and where are we seeing signs of softening (or strengthening)?
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.
Arben Skivjani
Deputy Chief Economist and Director of Forecasting, RealPage, Inc.Arben Skivjani serves as a Deputy Chief Economist and Data Scientist for RealPage, Inc. His primary focus is on forecasting and econometric modeling, economic impact studies, reporting and analysis of macroeconomic trends that affect the multifamily industry. Prior to joining RealPage, Arben worked for several government and private sector entities, including the District of Columbia Department of Employment Services, Center for Business and Economic Development at the University of Alabama and Camoin Associates in Upstate New York.
Arben is heavily involved in the Dallas/Fort Worth Association for Business Economics where he currently serves as Vice President and is a member the National Association for Business Economics.
Arben holds a master’s degree in economics from The University of Alabama.
