Highlights Conditions improved in the Kansas City multifamily market during the third quarter. The vacancy rate tightened and the pace of rent growth accelerated, while apartment development ticked higher after a slower first half of the year. Vacancy fell 10… Continue Reading
Highlights The third quarter was a period of continued strength in the Denver multifamily market. The pace of supply growth slowed, allowing vacancy to remain flat and rents to rise. The vacancy rate was unchanged from the second quarter to… Continue Reading
Highlights Multifamily conditions in Dallas-Fort Worth strengthened during the third quarter. The pace of job growth accelerated, apartment vacancy improved for the second consecutive quarter, and rents rose at a steady rate. Absorption of apartments totaled approximately 9,600 units during… Continue Reading
Highlights: The Tucson multifamily market continued to gain momentum in the third quarter, with vacancies tightening and rents rising. The investment market strengthened in response to improving market conditions. Vacancy dipped 30 basis points to 5.6 percent in the third… Continue Reading
Highlights: The Phoenix multifamily market continued to post robust performance during the third quarter. Even as more than 3,200 units came online, the vacancy rate dipped and rents continued their upward climb. Asking rents reached $1,163 per month in the… Continue Reading
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
