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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

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

Apartment demand has recovered from low levels in the first half of 2020, with strong third and fourth quarters. 2021 construction will see more than

San Jose, New York, and San Francisco are the markets with the largest rent declines, along with many primary markets. The outlook for 2021 is

Gateway markets are continuing to be hurt the most by the pandemic, with San Francisco taking the most significant damage in both occupancy and rent

Unsurprisingly, the markets that have been hit the hardest in 2020 have continued this trend as we enter the 4th quarter. Primary/Gateway markets and urban

Once again, rental growth trends are favoring slower, non-gateway markets. Primary markets and west coast markets are seeing the largest impact from COVID-19. Unemployment benefits

Transaction volume is expected to significantly decrease compared to 2019, and declining rent growth and income growth will hit the coastal markets the hardest. Nationwide,

Rent Collection is beginning to slow in July. May collections were stronger compared to July but rent growth has continued to decline in certain areas.