Market Update: U.S. Apartment Demand Leaders
Today’s occupied apartment count across the country’s 150 largest metros is up by more than 2.5 million units from the early 2010 tally. And while all the new construction that has occurred in this economic cycle gets lots of attention, the product absorption pace also is very impressive.
Join RealPage analysts Greg Willett and Adam Couch for a look at influences driving that demand and discussion of whether the leasing tailwinds experienced in recent years can continue.
Discussion topics include:
- Demand volumes by metro
- Economic growth and resulting household formation
- Performance levels across housing options
Greg WillettChief Economist, RealPage, Inc.
Greg facilitates the alignment of the firm’s technology and analytics solutions with rental housing sector needs and opportunities. He is well versed on rental housing market fundamentals and activity nationally, by metro and in individual neighborhoods. Greg is active in industry organizations such as the National Multifamily Housing Council, the Urban Land Institute and the National Apartment Association. He provides commentary for national and local business media.
Adam CouchMarket Analyst, RealPage, Inc.
Adam Couch is a market analyst with RealPage’s Data Analytics division. Prior to joining Realpage, Adam worked in the foreign exchange and futures industry where he focused specifically in capital markets. He graduated from the University of North Texas with a degree in Finance and was a part of the Student Investment Group. Adam has traveled extensively throughout China where he studied international policy and its impact on macroeconomics.