Apartment Market Pulse
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…
Rents and Occupancy Stabilize Thanks to Fewer Deliveries and Tight Housing Market
August, 2017 | Updated August, 2021
Although the national apartment market was stagnant during the end of 2016 and beginning of 2017, market fundamentals improved during the second quarter. A tight for-sale housing market, combined with slowing apartment construction activity and favorable demographic trends, portend a generally…