Apartment rents reverted to more normal rate in February even as occupancy held at record highs, reported RealPage, Richardson, Texas.
Tag: RealPage
Rent Payment Percentages Vary by Class, Market
Apartment rent payments have held up reasonably well during the global COVID-19 pandemic, but a report says different markets and different classes report very different results.
Apartment Rents Up 13% Year Over Year
Apartment rents increased nearly 13 percent nationwide over the past year–the highest rate in at least two years–but growth slowed slightly in October, reports from Redfin and RealPage said.
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.
August Apartment Market Performance Surges
August set records for U.S. apartment rent growth and occupancy, reported RealPage, Richardson, Texas
Apartment, Condo Demand Jumps
Demand for U.S. apartments and condominiums jumped in June, analysts said.
Apartments Grow as Work from Home Spreads
RENTCafé, Santa Barbara, Calif., reported many apartments are growing larger, in part due to increased working from home.
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.