Highlights: The Greater Phoenix multifamily market started 2019 with a continuation of the prevailing trends from 2018. Renter demand for apartments was strong, construction continued at a fairly steady pace, and rents posted another quarter of sizeable increases. Vacancy fell… Continue Reading
Highlights: The San Diego multifamily market recorded strong renter demand and even more robust supply growth in 2018. The vacancy rate crept higher, while rent growth was strong throughout the year, with the greatest gains recorded in the second half…. Continue Reading
Highlights: The Dallas-Fort Worth multifamily market posted a strong year in 2018. Employers in the area were particularly active in expanding payrolls, fueling renter demand for apartments. Rents rose 4 percent in 2018, ending the year at $1,123 per month…. Continue Reading
Highlights: The Inland Empire multifamily market strengthened a bit in the fourth quarter, with vacancy ticking lower, rents rising and investment activity recording a spike. Apartment vacancy fell 10 basis points during the fourth quarter, ending the year at 3.1… Continue Reading
Highlights: The Orange County multifamily market ended 2018 with strong market conditions. Absorption has been active, allowing vacancy to remain flat for the past few quarters despite heightened levels of new construction. Vacancy was 4 percent in both the third… Continue Reading
Highlights: The manufactured housing market had a very strong 2018, with occupancy rising across all regions of the country and rents posting healthy gains. Supply growth is accelerating, but the uptick in demand is outpacing the delivery of new inventory…. Continue Reading
