Apartment Market Pulse

Apartment Market Pulse

Spring 2022 Apartment Market Pulse

April, 2022 | Updated April, 2022

Another Eye-Popping Quarter for Apartments U.S. Apartment Market The apartment market sustained its growth trajectory in the first quarter of 2022 despite inflationary concerns and persistent supply chain pressures. Employment and wage growth further strengthened the need for rental housing, even…

Winter 2022 Apartment Market Pulse

January, 2022 | Updated January, 2022

Closing Out an Extraordinary Year for Apartments U.S. Apartment Market The apartment sector concluded a historical year with a final strong quarterly performance. Although the omicron variant has caused a surge in COVID-19 cases and disrupted the economy, apartment fundamentals persevered. Robust…

Fall 2021 Apartment Market Pulse

November, 2021 | Updated November, 2021

Delta Variant Weighs on Economy, Can’t Stop Apartment Demand U.S. Apartment Market Throughout the third quarter, rapid recovery in the apartment market continued to prevail with surging momentum. Limited available apartment stock continued to fuel rent growth. According to REIS, the average…

Summer 2021 Apartment Market Pulse

July, 2021 | Updated August, 2021

Pent-Up Demand Exceeds Expectations U.S. Apartment Market During the second quarter, the apartment industry experienced booming positive metrics across the board. Unceasing multifamily demand in conjunction with supply constraints in many markets resulted in record-setting rent growth. After a…

Optimism Springs Eternal

June, 2021 | Updated June, 2021

U.S. Apartment Market Rising rental rates and rampant leasing activity during Q1 2021 indicated that the multifamily housing market is turning a corner. Pent-up demand driven by employment growth and the widespread distribution of the coronavirus vaccine was evident. Increasingly, more renters are…

Winter 2021: The Resilient Apartment Sector Enters an Uncertain Year

February, 2021 | Updated February, 2021

U.S. Apartment Market After exhibiting signs of revitalization during Q3, the apartment market ended 2020 with a mixed performance. Both occupancy and rents descended, yet absorption stood closer to pre-pandemic levels. Difficulties from the coronavirus pandemic and typical seasonality challenged…

Fall 2020: Weathering the Storm Amid Uncertainty

December, 2020 | Updated January, 2021

U.S. Apartment Market Although apartment fundamentals in the second quarter revealed the economic effects of the Coronavirus pandemic, solid demand during the third quarter signaled the beginning of a recovery. According to RealPage, national occupancy fell by 0.6 percentage points year-over-year,…

Summer 2020: Weathering the Storm Amid Uncertainty

August, 2020 | Updated August, 2021

U.S. Apartment Market During the second quarter, the COVID-19 pandemic significantly impacted key apartment fundamentals as a result of stay-at-home orders and historical unemployment rates. Nonetheless, despite rapid changes to the multifamily housing sector, the downturn is expected to be short-…

Winter 2020: Apartment Market Pulse

March, 2020 | Updated May, 2020

U.S. Apartment Market Looking back at 2019, the apartment market wrapped up a historically strong year on numerous fronts, including rent growth, absorption and occupancy rates. Apartment fundamentals seasonally subsided during Q4 2019, yet levels remained healthy. Occupancy inched up 0.8 percent…

Fall 2019: Demand Fuels Occupancy Growth

March, 2020 | Updated January, 2021

U.S. Apartment Market Strong apartment demand continued to be powered by job growth, demographic trends, and economic shifts. According to RealPage, occupancy during the third quarter climbed to 96.3 percent, almost reaching the all-time high of 96.4 in late 2000. Occupancy increased by at least…