Emerging Trends in Real Estate 2025 from the Urban Land Institute and PwC dives into the near-term outlook of the rental housing industry. Supply and demand, transactions and affordability are among the topics examined.
While rent growth has flattened compared to 2021 and 2022, and despite rent performance being dependent on location, demand for apartments is positive in all regions.
The average expense per unit is also on the rise, up more than 27% in the four years ending August 2024. Insurance has also increased more than 100%.