Research Center - Midwest

  • Supply Surge Dampens Rent Growth in Kansas City

    The metro continues to attract large employers and consolidate its status as a destination for travel and investment. However, the multifamily development boom has led to a rent growth slowdown.

    31 January 2018 18:59
  • Chicago Makes Room for More Growth

    The metro continued to attract companies looking to relocate or expand, producing job gains in high-paying sectors, including financial activities. The city was slated to add some 9,000 multifamily units to its inventory in 2017, marking a post-recession high.

    21 December 2017 17:14
  • Downtown Growth Drives Demand in Cleveland

    Although underperforming in the current cycle, the area's multifamily market is on sound footing, mainly due to the city’s thriving core.

    06 December 2017 15:25
  • Economic Diversity Drives Growth in Columbus

    As the economy improves, the cost of living remains relatively affordable in Columbus, attracting more residents to the area and boosting multifamily demand. A business-friendly environment also draws investors and entrepreneurs to Ohio's largest city, prompting more people to rejoin the workforce.

    05 December 2017 15:33
  • Startup Scene Boosts St. Louis Rental Market

    Following the path of other Midwestern metros, the city is slowly transforming from an industrial center into a modern city with solid job gains in the health-care, business and technology sectors.

    30 November 2017 15:31
  • Detroit’s Slow Acceleration

    The metro is on the verge of an economic turnaround, largely due to its broad-based employment growth. This restoration is reflected in the local multifamily market’s improving fundamentals, as well.

    27 October 2017 13:46
  • Broad-Based Employment Fuels Demand in Indianapolis

    Indianapolis is among the nation’s top cities for finding and maintaining a job, as evidenced in a new study compiled by job search website Glassdoor.

    25 October 2017 12:27
  • Kansas City’s Growth Story

    Appealing workplaces, such as WeWork, are opening in the metro's core submarkets, attracting young professionals to live-work-play environments. Job growth has exceeded the national average and helps maintain a robust demand for apartments.

    05 October 2017 14:18
  • Knoxville: No Longer in Nashville’s Shadow?

    Both investors and developers are actively seeking opportunities in the market, which is expected to add new units at a rate that has not been met since 2011.

    04 October 2017 15:30
  • Population Growth Sustains Demand in Nashville

    The city is slowly diversifying its economy, venturing from reliance on the entertainment industry. In response to the growing demand, developers are ramping up construction, with more than 13,000 units underway as of July.

    03 October 2017 13:46
  • Strong Demand Augments Twin Cities Occupancy

    The metro’s healthy economic growth, low unemployment rate and strong multifamily fundamentals continue to attract investors and developers to the region.

    28 September 2017 14:59
  • All Eyes on Core in Cleveland

    The city's market is growing slowly, particularly in submarkets outside the urban core that still face difficulties stemming from the last downturn.

    08 September 2017 16:28
  • Steady Growth Cultivates Building Boom in Columbus

    The multifamily market is expanding in the area, which has been an economic standout in Ohio and the Midwest. The metro’s tight labor market is lifting average wages, attracting more residents and bolstering demand for apartments.

    28 July 2017 08:30
  • Development Boom Tempers Rent Growth in Chicago

    The city has seen costs moderate, in keeping with the nation as a whole, and features a bifurcation between luxury and working-class units.

    27 July 2017 08:41
  • St. Louis Gears Up

    Despite a slowly declining population, the city continues to see positive economic trends driven by job gains in education and health services, leisure and hospitality, and professional and business services.

    07 July 2017 12:35