Seasonal Rent Dip Sharper Than Usual
The rental market closed out 2023 with a seasonal rent dip for the fifth straight month of negative rent growth as the nationwide median rent fell by 0.8 percent to $1,379, Apartment List says...
Oregon Unsure Where Pandemic Rental Assistance Money Went
Oregon auditors say they are unsure where millions of dollars of pandemic rental assistance relief money for landlords and tenants went, according to an audit from the secretary of state.
The Oregon Housing and Community...
Multifamily Demand To Stay Positive, But Market Faces Hurdles
Multifamily demand is likely to remain healthy in 2024, though rent growth will be tested by decelerating economic growth and a rapid supply uptick in some markets, Yardi Matrix says in the 2024 U.S....
Salt Lake City Rents Dip In December
The Salt Lake City median rent fell by 0.6% over the course of December, and has now decreased by a total of 2.3% over the past 12 months, Apartment List says in their January...
7 Predictions For The 2024 Rental Market
Here are 7 predictions for where the rental market is headed in 2024 from the economists at Apartment List as the once red-hot rental market of previous years has now cooled.
Here is a key...
Where Was The Hottest Rental Market In 2023?
RentCafe took a look back at the hottest rental markets in 2023 and while the Midwest has been getting more competitive, there was a clear winner, according to a report.
Miami was the hottest rental...
Supply Growth Pushes Multifamily Rents Down
U.S. multifamily rent growth has turned negative, as strong supply growth eroded rent gains in many fast-growing Sun Belt metros, Yardi Matrix reports.
However, the report says despite negative rent growth, demand for apartments remains...
High Costs Continue to Challenge Buyers and Renters
High mortgage interest rates, high home values, and high rents continued to fuel affordability challenges for buyers and renters, Zillow says in a new survey.
Low vacancy rates that limit mobility and also put pressure...
Apartment Development Pipeline to Slow Dramatically In 2024
Apartment developers expect new starts to slow significantly now in the post-pandemic era as high interest rates have sidelined investors, John Burns Real Estate Consulting says in a new survey.
The Burns Apartment Developer and...
Portland Rents Continue Downward Trend
The median rent in Portland fell by 0.9% over the course of October, and has now decreased by a total of 5.9% over the past 12 months, Apartment List says in the November report.
Citywide,...