Apartment Supply Soars But Demand Remains High
By Richard Berger A RealPage analysis of the apartment market fundamentals this week explains how the industry continues to rebound in 2023 even during this flat-rent period. “It’s rent disinflation without demand destruction,” according to the report. “Why? Supply, supply, supply.” Apartment completions in Q3 soared to the highest levels since the 1980s. But “it’s […]
