Tag Archives: rent growth

Harvey’s Impact on Houston Apartment Market

A month or so after Hurricane Harvey, Houston’s apartment occupancy and rents are trending upward once more. However, pricing is not spiking, partly reflecting that the metro’s major owners and operators of apartment product recognize the importance of assisting displaced … Continue reading

Posted in real estate | Tagged , | Leave a comment

Are Renter Roommates Doubling Up or Un-Doubling?

Approximately 43.7 million renter households existed in the U.S. in 2015 (the latest data available), according to the Census Bureau’s American Community Survey — about 37% of all households. Of those, 20.7 million are “nonfamily” households which may contain only … Continue reading

Posted in Rents | Tagged , | Leave a comment

Reis: Rent-Growth Deceleration Continues in 1Q ’17

The average U.S. apartment asking rent grew 0.4% in the first quarter of 2017, up to $1,315, and by 3.3% on a year-over-year (YOY) basis since the first quarter of 2016, according to Reis’1Q 2017 Apartment Sector Preliminary Trends Release. … Continue reading

Posted in Growth, Rents | Tagged , | Leave a comment

Report Dropping Apartment Occupancy, but Rents Continue to Grow

New apartment properties completed in late 2016 and early 2017 are scrambling to land their initial residents. Rental housing occupancy is dropping, especially in the high-end apartment product niche, as a sizable wave of new buildings came on stream in … Continue reading

Posted in Occupancy, Rents | Tagged , , | Leave a comment

Apartment Demand, Rent Growth Stay Strong

“The apartment sector’s winning streak has run seven full years so far,” Willett says. RICHARDSON, TX—“Rent growth doesn’t have to reach best-ever readings to be strong,” says Greg Willett, chief economist at RealPage. The firm said Tuesday that while rent … Continue reading

Posted in Property Management, Rents | Tagged , , , | Leave a comment

Market Pulse for December 2016

Market Pulse section compiled by Suzann Silverman. To comment, email ssilverman@cpexecutive.com. Multifamily Starts: According to the Census Bureau and the U.S. Department of Housing and Urban Development, multifamily housing starts—both two to four unit buildings and buildings with five or … Continue reading

Posted in Financing, Forecast, Growth | Tagged , , | Leave a comment

Houston apartment rents are down, but not for everyone

Photo: Katherine Feser, Houston Chronicle An apartment project on South Braeswood just inside Loop 610, is one of many complexes under construction in the Houston area. The glut of new apartments is dragging down average rents in Houston, with rent … Continue reading

Posted in Market trends, real estate, Rents | Tagged , | Leave a comment