Research Center
February 2018
The months’ supply of homes increased to 3.7 months in February, from 3.0 months in January. Median prices on condos and co-ops nationwide rose by 5.7 percent over the past year to $227,300 in February.
Top 5 NYC Multifamily Sales
PropertyShark compiled the top 5 multifamily sales recorded in March 2018 in New York City.
U.S. Rent Growth Plateaus for Over a Year, Small Cities Rents Climb
Twenty-nine of the top 30 cities with the highest rent increases in March were in small cities, led by Odessa and Midland, Texas, where rent prices are bouncing back after the most recent drop in oil prices.
Economy Watch: Renters Willing to Pay More for Apartment Tech
More than three in four residents said they would pay more a package including the top three smart home amenities—security cameras, keyless entry and smart thermostats—according to a new study from property management software firm Entrata.
Strengthening Economy Pushes Growth in Columbus
The city’s multifamily market is finally hitting its stride as rent growth is coming into its own, while the rate of inventory expansion is poised to remain elevated.
Rent Growth Continues in Sacramento
California’s capital city again led the nation in multifamily rent growth in 2017. This year, a surge of 1,100 new apartments is poised to push rates up by a more moderate 7.2 percent.
High Rents Drive Move to Fringes in San Francisco
The city’s booming economy, fueled by its education and health services sector, is upholding a healthy housing demand.
Demand, Supply Still Sky High in Miami
The city’s multifamily market displays solid fundamentals and a diverse economic profile, although it remains challenged by a substantial amount of new supply.
8 Game-Changers for Multifamily
Major, disruptive shifts stand to reshape the needs and wants of tomorrow’s renters. Can the multifamily industry adapt its approach to designing, developing and operating apartment communities fast enough to stay relevant?
Strong Economy Lifts Real Estate in Salt Lake City
Due to robust employment and solid demographics, Utah’s largest city is generating demand across all asset classes.