Research Center - West

  • Job Growth Firm, Rent Growth Totters in Portland

    The metro’s strong employment growth is pushing up multifamily demand, especially for market-rate apartments. Nearly 8,400 units were underway as of August, of which some 3,200 units are slated to come online by December.

    23 October 2017 08:13
  • SoCal Delivers for Investors in San Diego

    The metro benefits from a strong talent pool, renowned universities and its ever-growing biotechnology sector. Inventory is expected to expand significantly in the coming years, given the city’s robust multifamily pipeline and recent pro-development legislation.

    19 October 2017 13:59
  • Inland Empire Shows Strength

    Backed by a booming industrial market, the metro added 48,000 jobs in the 12 months ending in July. Apartment deliveries have been slow throughout the cycle, but that is likely to increase as demand continues to push rents higher.

    06 October 2017 13:56
  • Phoenix: Maintaining Momentum in the Desert

    The metro is outpacing the country in job creation and population growth, drawing multifamily developers and investors looking for opportunities in second-tier markets.

    02 October 2017 13:21
  • Top 3 Most Expensive Zip Codes for Renting in Arizona Are in Phoenix

    Arizona’s rent heatmap is red hot in the Phoenix area, according to a recent report released by RENTCafé which ranks zip codes by how expensive rents are.

    30 September 2017 13:55
  • Robust Development, Insatiable Demand in Seattle

    The city has been one of the strongest rental markets during the current cycle. Over the last five years, average rents have risen nearly $500 to $1,770.

    07 September 2017 13:19
  • Rents Rise Despite Surging Deliveries in Denver

    Growth has cooled since the metro was among the nation’s leaders in appreciation, but rents are now increasing at a more sustainable pace.

    05 September 2017 12:43
  • Rents Rise Despite Surging Deliveries in Denver

    Growth has cooled since the metro was among the nation’s leaders in appreciation, but rents are now increasing at a more sustainable pace.

    05 September 2017 09:13
  • Demographic Shifts Pick Up Speed in Orange County

    Employment gains, a moderate supply of new development and a high barrier to homeownership have bolstered strong multifamily demand, pushing up rents and keeping occupancy over 96 percent.

    01 September 2017 13:02
  • Rising Demand Pushes Rents Higher in Las Vegas

    Las Vegas’ recovery features above-average job and population growth. That has produced a modest but steady improvement in housing demand, as the market aims for long-term stability.

    29 August 2017 15:13
  • Rents Moderate in the San Francisco Bay

    Rates have reached a point where even highly paid workers can’t afford the premium prices, despite the metro’s consistent job expansion, robust resident demand and high home prices.

    01 August 2017 15:00
  • Demand Outpaces Supply in Salt Lake City

    Driven by robust population growth and low unemployment, Utah’s largest city is rapidly expanding, generating healthy housing demand. It continues to appeal to major employers, such as Amazon, UPS and big-brand companies based along the Wasatch Front.

    31 July 2017 13:52
  • Strong Development Softens Demand in Portland

    Anchored by a diversifying economy and fueled by an expanding population, the city's multifamily market remains strong despite its recent slowing rent growth.

    24 July 2017 13:14
  • Tech Scene Stays Hot, Rent Growth Cools in San Jose

    Silicon Valley is the nation’s largest tech hub, a top-performing venture capital market and one of the most prominent locations for startups.

    21 July 2017 13:18
  • Albuquerque: On the Mend

    The area's multifamily market is held back by a persistent struggle with a sluggish labor market. Despite being the hub of New Mexico’s technology corridor, the metro has experienced only modest population and employment growth throughout the recent economic expansion.

    06 July 2017 13:02