The West Coast region has seen several multifamily markets revert to the bottom of the national leaderboard for rent growth despite stable occupancy readings.
Though supply in this area is more modest than in the nation's Sun Belt, pockets of supply pressure are beginning to show in local performance readings.
Can West Coast markets hope for a rebound in demand in 2024? Or will the nature-rich and population-heavy region underperform its counterparts throughout 2024?
Join RealPage® market experts as they review rental performance in the nation's West Coast region, including these major metros and more than 20 other apartment markets across Alaska, California, Hawaii, Oregon and Washington:
- Los Angeles-Long Beach-Glendale
- Anaheim-Santa Ana-Irvine
- Riverside-San Bernardino-Ontario
- San Diego-Carlsbad
- San Francisco-Redwood City-South San Francisco
- San Jose-Sunnyvale-Santa Clara
- Oakland-Hayward-Berkeley
- Sacramento--Roseville--Arden-Arcade
- Seattle-Bellevue-Everett
- Tacoma-Lakewood
- Portland-Vancouver-Hillsboro
- Urban Honolulu
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.
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.
