Sentences with phrase «apartment demand»

Historical trends teach us there are two simple, foundational drivers of apartment demand — demographics and the economy.

When the apartment boom first started in 2010, conventional wisdom linked rising apartment demand with the collapse of the for - sale housing market.

Millennials are rightly given a lot of credit for fueling apartment demand.

If it happened then, at the height of an artificial housing boom, we can safely conclude apartment demand isn't negatively correlated with home sales.

All in all, there's little reason to expect a big slowdown in apartment demand independent of a broader economic slowdown.

Well, apartment demand actually increased right in step with home sales.

Changing demographics (people are marrying later, people are having kids later, high student loan debt, baby boomers are retiring, etc.) are creating even more apartment demand.

Of course, job growth does not translate into apartment demand equally in every market, as several other factors influence absorption levels.

Houston was the nation's leader for apartment demand in 4th quarter 2017 as a flurry of leasing activity following Hurricane Harvey drove up the metro's overall numbers.

Top 15 metros for apartment demand in 2Q National absorption rose to near - record levels in 2nd quarter 2017, easily outpacing completions.

Despite a seasonal lull in 4th quarter 2017, apartment demand remained strong for the year, keeping occupancy levels steady at 95 %.

With the glut confined to luxury apartments, however, the report documents overall «robust apartment demand and occupancy» despite a slowdown in the pace of rent growth.

Apartment demand surged to a near - record volume in 2nd quarter 2017, easily outpacing completions.

Luxury Apartments The demand for luxury apartments on the Sunshine Coast has increased quite dramatically over the recent years.

Scheduled deliveries for 2017 are up 26 % over 2016, a year that itself saw the third highest apartment demand for any calendar year during the past three decades.

«North Texas apartment demand couldn't keep up with construction in the first quarter.

Apartment demand fell way short of the 6,972 new rental units that opened their doors in the first quarter.

In a 2017 research piece, economists from the St. Louis Fed noted apartment demand should benefit from more young adults leaving their parents» homes, as well as from downsizing Baby Boomers.

Some cities, such as Los Angeles, San Diego, Chicago and Austin, Texas, to name a few, will continue to experience high rental apartment demand.

The continuing strength of apartment demand suggests stronger household formations may be lurking under the surface, particularly from Millennials / Generation Y.

It's a catchy moniker given to members of Gen Y who are living with their parents, and it's been an impediment to apartment demand thus far.

Apartment Demand Soars in Tandem With Supply Wave With new apartment supply levels surging toward two - decade highs, occupancy rates had been expected to cool somewhat.

Axiometrics analysts attributed the weaker rental market in Chicago to slow job growth, which is suppressing apartment demand at a time when new construction has produced a huge supply of rental units.

«Homeownership rates have, in turn, continued to fall through this segment, helping to stimulate healthy apartment demand this cycle,» Naughton told investors during a conference call this week after AvalonBay reported an 8.6 percent increase in revenue to $ 516.2 million from the previous third quarter.

This indicates apartment demand — driven by millennials, downsizing baby boomers, and increasing single - family home prices — is still extremely high.

Those strong structural drivers have spurred along apartment demand and rent growth levels throughout Austin's ongoing supply wave.

«Those factors suggest the potential for strong apartment demand once the spring leasing season gets going.»

While MPF Research expects apartment demand to remain strong in 2017, they believe it won't quite be able to keep up with supply — resulting in a modest (70 basis point) drop in occupancy.

Multifamily development is not slowing down across the metro, as population growth and a thriving job market continue to fuel apartment demand.

Boosted by the emergence of its urban core as a popular live - work - play destination, the city's apartment demand remains tepid but steady, with rents up 0.5 percent year over year as of January.

Houston led the nation for apartment demand in 4th quarter 2017, as residents displaced by Hurricane Harvey elevated leasing activity in the metro.

As payroll job growth is the most statistically significant driver of apartment demand, this does not bode well for absorption.

As if smelling the scent of sex, the Fury's remaining three - crew members burst in the apartment demanding their next turn with the girl.

A rebound in apartment demand has propelled the stock prices of multifamily real estate investment trusts (REITs), making them some of the best performing companies in the market.

Apartment demand in Florida metros should remain healthy overall, though there is little room for occupancy to improve further for most metros.

Apartment demand has been better than expected in recent years, which can be explained by the impact Generation Y is having by delaying marriage and living with Mom & Dad.

That has translated to apartment demand and pricing power.

Going into 2013's 4th quarter, the U.S. apartment sector entered a period of vulnerability — with lots of new supply scheduled to complete during what are traditionally the slowest months for apartment demand.

Apartment demand has remained strong and will likely remain so this year.

«This shift has resulted in the need for less space and less privacy» when it comes to housing, and that bodes well for apartment demand, says Dave Bragg, a managing director with Green Street Advisors.

Robust apartment demand leads to healthy occupancy, stable rent growth Apartment demand surged to a near - record volume in 2nd quarter 2017, easily outpacing completions.

While this trend won't push the apartment demand needle much higher in any one quarter, it is a powerful tailwind for the sector that should not be ignored.

As we wrote in our previous multifamily snapshot, apartment demand rose to its highest level in 25 years in 2017, which is a generational peak.

As for geographic markets, Kamfar stressed that Bluerock wants to be in growth markets due to the 80 percent correlation between job growth and apartment demand.