Demand for rental apartments reached a five-year high this spring, spurred by new household formation and lagging home sales.
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U.S. Rental Rates Flatten in Major Cities as Supply Floods Market
The U.S. apartment market suffered its worst spring since 2010. Weakening demand resulted in high vacancy rates and little rent increases in major cities.
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That Apartment Building Boom Is Slowing—So Rent Is About to Accelerate
In a research note out Tuesday, Goldman Sachs economists suggested a February slowdown in housing inflation was likely temporary. In the March consumer price index data released Wednesday, they were proved right.
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Apartment Rents Stay Steady Despite New Supply
The apartment rental market softened in the first quarter nationwide, but not as much as expected given a surge in new supply.
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Houston’s Apartment Market Makes a Comeback
The Houston rental apartment market is rebounding after years of pain caused by overbuilding and the weak energy sector.
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Some Big U.S. Cities See Apartment Rents Fall for First Time in Years
Apartment rents declined in some of the country’s priciest cities during the third quarter, a dramatic reversal that could signal the end of a six-year boom for the U.S. rental market.
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