«The country's
apartment market remains tight, with product availability generally limited to recently completed properties moving through initial leasing,» said Greg Willett, chief economist at RealPage.
Not exact matches
«Owners who list their
apartments for short - term stays essentially are removing those units from the rental
market, reducing the supply of housing and pushing up the cost of what
remains, according to the report [here].
Manhattan
apartment sales
remained stable during the first quarter, amid signs, brokers said, that the recovery in this affluent housing
market was continuing.
Mr. de Blasio warned that only days
remain before the end of the legislative session — and before New York City's rent stabilization and rent control laws expire, which could leave roughly one million regulated
apartments open to becoming
market rate.
«Demand
remains elevated and listings scarce in the attached and
apartment markets across Metro Vancouver,» Jill Oudil, REBGV president said.
«The song
remains the same: the
apartment markets are not only strong, but getting stronger,» said Mark Obrinsky, NMHC's senior vice president of research and chief economist.
Guinee
remains bullish on office REITS, predicting that they will continue to outperform the broader REIT
market: «Office and
apartment have far exceeded other subsector because of the privatization and take - out activities,» he says.
Regional Spotlight — The average
apartment price in Manhattan
remains more than $ 2 million for the third straight quarter, according to Halstead's
Market Report.
The rental
apartment market continued to be strong during the second quarter of 2015, as multifamily production levels
remain elevated.
U.S.
apartment market sees moderate rent growth, healthy occupancy in 3Q Moderate growth in U.S.
apartment rents registered again in 3rd quarter 2017, as the
market remained essentially full.
In the face of moderating job growth... despite the massive amount of supply identified for delivery in 2017... even though several large metros are expected to
remain in negative rent - growth territory... Axiometrics
apartment market data is resulting in a forecast that shows annual effective rent growth in 2017 matching the long - term average.
Despite the deceleration of
apartment completions, absorption
remains at peak levels across many
markets.
Stability
remains the key theme for the U.S.
apartment market as annual rent change clocked in at 2.3 % in November 2017.
But Ten - X Research, which classifies New York as one of its Top - Sell
markets, projects conditions in the New York
apartment market to
remain soft through 2020.
Even the most pessimistic
apartment market researchers agree that very few
apartments were empty in the third quarter and that the vacancy rate in the multifamily rental sector will
remain low in the short - term.
Vacancy rates for rental
apartments remain low in the top six U.S.
markets, despite an influx of new development.
Leasing
remains strong, even though the
apartment market is absorbing a huge number of new units.
Though the
apartment sector overall will
remain stable, certain
markets and types of properties will be more hurt by competition from new construction.
Among the
remaining metro contenders for Amazon's second headquarters, only a few have
apartment markets that could comfortably handle the swell of 50,000 additional workers.
Houston's health care, retail and industrial
markets have
remained fairly strong, but the
apartment and office and office sector have been hard hit.
Plus, per Miller, «rent growth
remains strongest in lower half of the
market and softest at the top» — so
apartments that are nominally affordable aren't getting any cheaper.
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