March 29, 2023

Metro of the Month: Phoenix

In this month’s Metro of the Month spotlight, we learn about the current Phoenix market and what to expect for the remainder of the year.

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March 28, 2023

Apartment Concessions & Renewal Rates 2023

Over the past few years, multifamily concessions have increased to accommodate renters from the pressures the pandemic put on the economy. Nationally, concessions peaked in the third quarter of 2021, reaching 6.3%. As pandemic restrictions lifted and the economy began recovering, concessions began to drop at the start of 2022, lowering to 4.5% by the […]

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March 23, 2023

Apartment Construction Timelines Update 2023

The Construction Timelines, February 2023 Research Report provides an overview of the current state of the apartment construction industry in the United States. Before the pandemic, the average construction time for a multifamily housing unit ranged from 16 to 23 months. However, starting as early as April 2020, roughly two-thirds of contractors surveyed began reporting […]

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