Apartment Demand Soars

Demand for apartments continues to soar. RealPage, Richardson, Texas, reported the nation’s occupied apartment count jumped by more than a quarter-million units during the third quarter.

Apartment Rents Jump at Fastest Rate in 2 Years

Apartment effective asking rents climbed 0.6 percent in February, the fastest single-month pace seen since the middle of 2019, reported RealPage, Richardson, Texas.

Apartment Leasing Rebounds in Third Quarter

Apartment leasing proved strong in the third quarter, bouncing back from the limited demand seen earlier this year, reported RealPage, Richardson, Texas.

Multifamily Market Musings by Sharon Walker

The multifamily lending markets are ripe with interesting developments this year, whether it be MBA’s latest research on 2019 multifamily lending, the downward shift in apartment rental rates or ongoing responses to the need to address societal inequality.

Rent Cuts Disappearing in Many Markets As Apartment Demand Rebounds

When COVID-19 hit in mid-March, apartment operators quickly cut rents as demand evaporated. Today leasing volumes are “surging” and rent cuts are quickly disappearing in many big U.S. metros, reported RealPage, Richardson, Texas.

Rent Cuts Disappearing in Many Markets As Apartment Demand Rebounds

When COVID-19 hit in mid-March, apartment operators quickly cut rents as demand evaporated. Today leasing volumes are “surging” and rent cuts are disappearing quickly in most big U.S. metros, reported RealPage, Richardson, Texas.

Multifamily Leasing Bounces Back

New apartment lease signings “clawed back” to year-ago levels in late April after plunging nearly 50 percent in late March, reported RealPage, Richardson, Texas.