Research
Research
Spring 2022 Apartment Market Pulse
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Another Eye-Popping Quarter for Apartments
U.S. Apartment Market
The apartment market sustained its growth trajectory in the first quarter of 2022 despite inflationary concerns and persistent supply chain pressures. Employment and wage growth further strengthened the need for rental housing, even…
Winter 2022 Apartment Market Pulse
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Closing Out an Extraordinary Year for Apartments
U.S. Apartment Market
The apartment sector concluded a historical year with a final strong quarterly performance. Although the omicron variant has caused a surge in COVID-19 cases and disrupted the economy, apartment fundamentals persevered.
Robust…
Fall 2021 Apartment Market Pulse
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Delta Variant Weighs on Economy, Can’t Stop Apartment Demand
U.S. Apartment Market
Throughout the third quarter, rapid recovery in the apartment market continued to prevail with surging momentum. Limited available apartment stock continued to fuel rent growth. According to REIS, the average…
NAA 2021 Survey of Operating Income & Expenses in Rental Apartment Communities
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Despite a strong recovery taking hold in 2021 among professionally managed and maintained properties, the 2021 NAA Survey of Income and Expenses in Rental Apartment Communities, based on 2020 financials, revealed just how hard the industry was hit across most income and expense categories.
Total…
Summer 2021 Apartment Market Pulse
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Pent-Up Demand Exceeds Expectations
U.S. Apartment Market
During the second quarter, the apartment industry experienced booming positive metrics across the board. Unceasing multifamily demand in conjunction with supply constraints in many markets resulted in record-setting rent growth. After a…
The Complexities of the Digital Generation: Insights From the NAA/SatisFacts/ApartmentRatings Survey on Gen Z
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Generation Z prevails above other generations as the most ethnically diverse and best educated. To better understand housing trends for this generation, the National Apartment Association in partnership with SatisFacts/ApartmentRatings conducted a survey of Gen Z renters in November/December…
Winter 2021: The Resilient Apartment Sector Enters an Uncertain Year
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U.S. Apartment Market
After exhibiting signs of revitalization during Q3, the apartment market ended 2020 with a mixed performance. Both occupancy and rents descended, yet absorption stood closer to pre-pandemic levels. Difficulties from the coronavirus pandemic and typical seasonality challenged…
2021 Apartment Housing Outlook
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The year 2020 was unlike any other in modern history, marked not only by a global health crisis but social unrest, a contentious Presidential election and a recession that drew comparisons to the Great Depression. As the year came to a close, optimism about impending vaccine distribution and…
2020 August Apartment Jobs Snapshot
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In August’s edition of NAAEI’s Apartment Jobs Snapshot, more than 14,600 positions were available in the multifamily sector. Markets with the highest concentration of job postings included Indianapolis, Columbus, Dallas, Louisville, KY, and Austin. This month’s spotlight highlights Leasing…
2020 July Apartment Jobs Snapshot
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Apartment jobs remained durable during the month of July. Multifamily job opportunities comprised over 46 percent of the real estate sector during July, far exceeding the 2019 monthly average of 39 percent. In July’s edition of NAAEI’s Apartment Jobs Snapshot, the number of available positions in…