Top 5 NYC Multifamily Sales
PropertyShark compiled the top 5 multifamily sales recorded in April 2019 in New York City.
Portland Multifamily Report – Spring 2019
With more than 5,000 apartment units coming online in the metro in 2018, rents increased by 1.9 percent year-over-year through February—well below the 3.6 percent national average.
Indianapolis Multifamily Report – Spring 2019
Apartment demand remained relatively healthy in the metro, with year-over-year rent growth at 3.2 percent as of March—on par with the U.S. average.
Houston Multifamily Report – Spring 2019
Years of robust development are raising concerns about overbuilding, with occupancy in stabilized properties down 140 basis points year-over-year as of February.
Apartment Jobs Snapshot for April 2019
In preparation for the impending leasing season, more than 8,000 apartment jobs were available during April, accounting for 37 percent of the real estate sector as a whole.
March 2019
On a year-over-year basis, the March starts of buildings with five or more units were 21.8 percent below the March 2018 level.
Washington, DC, Multifamily Report – Spring 2019
Despite a boost in development, absorption has kept up pace and the occupancy rate in stabilized properties inched up 20 basis points year-over-year, to 95.3 percent.
Raleigh-Durham Multifamily Report – Spring 2019
The metro’s multifamily market is on the upswing, boosted by favorable demographic trends and a diversifying economy.
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Boston Multifamily Report – Spring 2019
Considering the 8,250 units slated to come online in 2019, which would mark a new development cycle high, rent growth is expected to moderate slightly, to 2.7 percent for the year.