Leasing activity in the nation’s top-tier apartment properties has picked up notably during 2021, resulting in tighter occupancy and climbing rents.
Tag Archives: Apartment Occupancy
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U.S. apartment rent growth is back in a big way, now that the country’s reopening local economies are fueling household creation and stimulating robust demand for all types of housing.
Effective asking rents for U.S. apartments climbed 0.6% in February, rising at the fastest single-month pace seen since the middle of 2019.
Preliminary statistics for January show that average rents for U.S. apartments now are within a hair of the all-time highs seen in early 2020, as more individual metros are moving back into price growth mode.