Metros

The metro remains one of the few gateway markets that face a housing deficit in the year ahead, despite the record number of units scheduled for completion by year's end.

Despite the delivery of 4,789 units in 2018, the metro's supply levels have yet to catch up with pent-up demand.

The borough's apartment supply and demand remained in relative balance amid New York City's new rent regulations.

Rents in the market increased 4.2 percent year-over-year through April, driven by the area’s historically limited inventory.

Young professionals attracted by the metro's tech magnet continue to fuel demand for housing.

Despite the more than 23,000 units underway in the metro as of April, developers are struggling to keep up with soaring demand.

The borough's rents increased just 0.6 percent year-over-year through April, partially due to New York City's pressing affordability issues and regulatory uncertainty.

The metro’s affordability advantage, particularly compared to coastal California markets, adds to Las Vegas’ economic gains.

Manhattan’s multifamily market is powering through, bracing for sustained development amid regulatory uncertain­ties and already deep affordability issues.

Despite a strong wave of deliveries over the past five years, the metro's rents increased by 3.4 percent year-over-year, well above the national average.

The metro’s quality of life, relative affordability and strong potential for rent growth continue to support the multifamily pipeline.

Limited housing supply and growing demographics continue to put pressure on the metro’s apartment market. Rents rose by 4.6 percent year-over-year through March, well above the national average.