Tag Archives: rent growth

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

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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

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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

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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

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Multifamily Rent Growth More Sustainable In The Midwest

CHICAGO—The multifamily market has been incredibly robust across much of the US for years, including the Midwest. But there are significant differences between the coastal markets such as San Francisco and New York, where sky-high rents have driven sales prices … Continue reading

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MPF Says Rent Growth Hits 15-Year High in Mid-2015

Last week, MPF Research came out with a midyear report that, like Axiometrics’ view, painted a picture of a market at highs not seen since the tech boom of 15 years ago. MPF reported that rents for new leases rose … Continue reading

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Will Plunging Oil Prices Crush Apartment Rent Growth?

There have been a lot of questions about what effect the recent severe drop in crude oil prices will have on the real estate market, especially the markets in metro areas with larger concentrations of oil & gas-related employment such … Continue reading

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