Highlights: Apartment property performance in Albuquerque strengthened during the second quarter. With competition from new supply limited, vacancy dropped and rents rose. The vacancy rate fell 60 basis points from the first quarter to the second quarter, dipping to 4.1… Continue Reading
Highlights: The Las Vegas multifamily market fared well in the first half of the year. Vacancy was flat and rents rose at a steady pace. New construction was limited after a very active past two years. Vacancy in Las Vegas… Continue Reading
Highlights: Multifamily properties performed well in Greater Los Angeles during the second quarter. The market benefited from a healthy pace of job growth and a dip in the delivery of new units. Vacancy in Los Angeles County held steady at… Continue Reading
Highlights: The Atlanta multifamily market posted steady improvement during the second quarter. The vacancy rate inched lower, while rents rose. Investment activity surged in response to the improving market performance. Vacancy dipped 10 basis points from the first quarter to… Continue Reading
Highlights: The Orange County apartment market posted mixed performance during the second quarter. Vacancy rose and rent growth leveled off even as the employment market recorded healthy gains. Vacancy rose 20 basis points in the second quarter to 4.2 percent,… Continue Reading
Highlights: The Inland Empire apartment market posted steady performance in the second quarter. Construction was modest, vacancy was flat and rents rose. Looking ahead to the second half of the year, construction is forecast to pick up, which is expected… Continue Reading
