Research Center
Construction Surge Stalls Rent Growth in San Antonio
Despite a wave of new deliveries—which dampened rent growth to just 0.8 percent—the metro’s multifamily fundamentals remain healthy, sustained by above-trend employment gains.
Oversupply Softens Rent Growth in Portland
A healthy job market and strong population gains continue to sustain multifamily demand across the metro, where more than 5,000 apartments are scheduled for delivery in 2018.
Economy Watch: Where Do Residents Pay the Most Property Tax?
A new report from WalletHub reveals which states have the highest and lowest property tax in 2018.
Albuquerque Struggles on Recovery Path
Despite a slowdown in 2017, the metro’s multifamily market performance is in line with its historical averages. Core submarkets are leading growth, while the suburbs gradually recover from the most recent downturn.
Riding the Tech Wave in Phoenix
Multifamily development is not slowing down across the metro, as population growth and a thriving job market continue to fuel apartment demand.
Thriving Economy Fuels Dynamic Market in Charlotte
The city’s robust growth is attributable to its flourishing economy, low cost of living and high quality of life.
Economic Growth Pushes Up Demand in Raleigh
The area’s multifamily market had a healthy run in 2017. Favorable living and wage conditions lure many local graduates to remain within the region, expanding the Research Triangle’s economy and fueling rental demand.
Economy Watch: Rent Increases for Single-Family Slow
Year-over-year rent growth has decelerated slowly since it peaked early last year, according to the CoreLogic Single-Family Rent Index.
December 2017
Sales of existing condominiums and cooperatives declined by 11.6 percent at a seasonally adjusted annual rate to 610,000 units in December 2017. Regionally, sales in the Midwest were unchanged, but the Northeast, South and West all declined.
Demographic Changes Turn 22 More U.S. Cities into Renter-Majority Markets
The population in some 22 large U.S. cities has shifted from owner-majority to renter-majority during the “recession decade,” with Toledo, Ohio; Memphis, Tenn. and Tampa, Fla. seeing the most abrupt changes.