Guess Who's Driving the Demand for Apartments?

While the housing market has seen its largest annual gains since 2006, those who rent do not appear to be in a major rush to buy a house. Demographic trends are changing in favor of the apartment market, with many young, single women opting to rent because it provides them with the flexibility, amenities, and location they desire. Buck Horne, a housing analyst at Raymond James, observes that there are shifts in female education, marriage, and fertility rates that are driving apartment demand and will continue to do so for some time.

Read this issue of the Industry Insider.