Highlights: Almost 283,000 new apartments are expected for completion by the end of 2018, 11% less than last year. Apartment construction peaked in 2017, finally slowing down in 2018. In spite of the year-over-year slowdown, the past three years’ total deliveries are projected to pass the...
Tag - U.S. rent growth
Key takeaways: Average rents hit $1,352 for the month of August, rising just $1 – or 0.1% – since July, according to Yardi Matrix. A whopping 84% of the 250 biggest cities in the U.S. (209 in total) have experienced rent growth over the past year. Just 31 cities saw rents flat...
We’d need 4.6 million new apartments by 2030 to meet demand for rental living and keep prices in check, per data from the National Multifamily Housing Council. That’s about 373K new units each year on average, a number that’s rather optimistic considering the pace of apartment...
Key takeaways: Average rents hits $1,350 for the month of July, rising just $1 – or 0.1% – since June, according to Yardi Matrix. Texas leads the...
Key takeaways: The average U.S. apartment rent increased by $2 in April, reaching $1,314 according to Yardi Matrix. Again the California cities make up the...
Key takeaways: The average U.S. apartment rent increased by $6 in March, reaching $1,312 according to Yardi Matrix. Again the California cities make up the...
Key takeaways: The average U.S. apartment rent decreased by $9 in February, reaching $1,306 according to Yardi Matrix. Luxury rents have dropped for the month...
Key takeaways: The average U.S. apartment rent rose for the first time in 5 months, reaching $1,315, according to Yardi Matrix. San Francisco is finally seeing...
Report highlights: The national average apartment rent in 2016 increased by 4% y-o-y, reached $1,210/month, according to Yardi Matrix In 6 U.S. cities...
Key takeaways: The average US apartment rent decreased for the 4th consecutive month, reaching $1,210 in December On a year-over-year basis, rental prices...