Just as Portland’s economy still has room to run, so does its multifamily market. Indeed, the Portland multifamily market continued its exceptional run during the third quarter, according to a report.
HOUSTON-Is the recognized “energy capital of the world” a good bet for multifamily? On one hand, CoStar reports overall vacancy increased by 1.7% during the past 12 months and rent. Job growth in.
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Another indicator of this caution: “multifamily housing starts have slowed in recent months. “Developers had enjoyed healthy rent growth and significant pre-leasing just a few short years ago when.
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The sales of modestly-priced homes slowed down considerably in August. but the number of homes selling for less than $500,000 totaled just 9,953, a 2.6% decline from the prior August. At the same.
Facing continued slow and steady growth in US GDP heightened global uncertainty and lower yield expectations institutions don’t anticipate tapping the brakes on investment any time. GlobeSt An ALM.
· If you would like to get future updates from Apartment List Rentonomics, please subscribe to our email list. Methodology: Apartment List Rent Report data is drawn monthly from the millions of listings on our site. 1-bedroom and 2-bedroom rents are calculated as the median for units available in the specified size and time period.
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Rising interest rates and peak pricing conditions have slowed. growth, more offices comes more tech workers, requiring housing who will continue to make an impact on local real estate,” Brett.
The report cites little movement in nationwide vacancies over the past two years and rent growth slowing to its most sluggish pace in five years. In fact, Ten-X says in the just-released US Office.
GlobeSt. growth. For example, a major factor we are observing is the correlation between construction completions and vacancy rate increases on existing multifamily properties within a 1-mile.
Annual rent growth has maintained a rate between 2.5% and 3% thus far this year, slowed considerably by an influx of new. In keeping with the slower pace, just two metro areas posted Y-O-Y rent.
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CHICAGO-The US office market remained vigorous. The static vacancy rate also helped slow down rent growth, Colliers finds. In 2017, rental rates increased 1.8%, or one-third of the 5.4% seen in.