Five of the top six submarkets for new apartment supply this year are classified as urban, and a majority of their residents have white-collar jobs, according to Axiometrics and U.S. Census data.
The five top urban submarkets for new apartment…
Asking rents are on the decline year-over-year (YoY) and month-to-month. New data from Redfin shows asking rents slipped 0.6% from October to November, and rents were down 2.1% since the previous November, which is the largest decline since February…