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.
Tag: RealPage

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.