Apartment Market Outlook at Alex Welsby blog

Apartment Market Outlook. The volume of new apartment supply hitting the market in 2024 is expected to be incredible at approximately 670,000 units, blowing past 2023’s already record. With delivery of 440,000 new units expected in 2024 and. The biggest wave of new apartment supply in decades will temper rent growth and improve affordability for renters in 2024. Barring a deep recession, rental housing is expected to experience slow, steady growth in 2024, buoyed by its relative. Labor market challenges, inflation, interest rate increases and challenging regulatory environments will stay top of mind for owners and operators in 2023. Coming off a year in which the apartment industry arguably turned in its best performance on record, owners and operators are facing more challenges in 2022. Though job growth is expected. Apartment demand showed remarkable strength in the first half of. We expect rent growth to be in the range of just 1.0% to 1.5% in 2024, and we believe it could stumble if job growth worsens significantly.

2020 Apartment Housing Outlook National Apartment Association
from www.naahq.org

With delivery of 440,000 new units expected in 2024 and. The volume of new apartment supply hitting the market in 2024 is expected to be incredible at approximately 670,000 units, blowing past 2023’s already record. The biggest wave of new apartment supply in decades will temper rent growth and improve affordability for renters in 2024. Apartment demand showed remarkable strength in the first half of. We expect rent growth to be in the range of just 1.0% to 1.5% in 2024, and we believe it could stumble if job growth worsens significantly. Coming off a year in which the apartment industry arguably turned in its best performance on record, owners and operators are facing more challenges in 2022. Though job growth is expected. Labor market challenges, inflation, interest rate increases and challenging regulatory environments will stay top of mind for owners and operators in 2023. Barring a deep recession, rental housing is expected to experience slow, steady growth in 2024, buoyed by its relative.

2020 Apartment Housing Outlook National Apartment Association

Apartment Market Outlook The volume of new apartment supply hitting the market in 2024 is expected to be incredible at approximately 670,000 units, blowing past 2023’s already record. With delivery of 440,000 new units expected in 2024 and. Coming off a year in which the apartment industry arguably turned in its best performance on record, owners and operators are facing more challenges in 2022. We expect rent growth to be in the range of just 1.0% to 1.5% in 2024, and we believe it could stumble if job growth worsens significantly. Barring a deep recession, rental housing is expected to experience slow, steady growth in 2024, buoyed by its relative. The volume of new apartment supply hitting the market in 2024 is expected to be incredible at approximately 670,000 units, blowing past 2023’s already record. The biggest wave of new apartment supply in decades will temper rent growth and improve affordability for renters in 2024. Apartment demand showed remarkable strength in the first half of. Labor market challenges, inflation, interest rate increases and challenging regulatory environments will stay top of mind for owners and operators in 2023. Though job growth is expected.

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