Multifamily Real Estate Markets Update (August 2021)
Rent growth and occupancy levels have reached record levels across the country. Gateway markets are recovering with significant monthly rental gains. Occupancy is highest in
Rent growth and occupancy levels have reached record levels across the country. Gateway markets are recovering with significant monthly rental gains. Occupancy is highest in
Signs of recovery are beginning to show as some gateway markets saw month-over-month gains. However, tertiary markets are still seeing the strongest gains. Absorption and
Multifamily permits, construction, and completions tracked as expected this month, as construction sentiment continues to improve. The southern US continues to expand its overall share
Office properties continue to painfully handle the headwinds resulting from COVID. Developers have the benefit of constructing properties to meet safety standards, but the amount
Surprisingly, the recent surge in spending on single-family homes has not brought its level back to that at the peak of the housing bubble in
Permits continue to be pulled at a record pace while setting month-over-month records. Still, starts dipped and completions continue a stark downward trend. As we
With an eye on the pandemic and the road forward, real estate users have been polled as to what they want to see in their
The end of 2020 and beginning of 2021 saw national rents nearly climb back to pre-pandemic levels, while occupancy has remained strong. Although national rent
The construction sector continues to show signs of recovery, with supply and demand imbalances driving new theses. While actual construction starts continue to show a
Researchers are now looking towards the rebound of the commercial real estate markets as 2021 looks to be a stabilizing year for the overall economy.
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