Tag Archives: Apartments

"With a record number of new units coming onto the market driving rent prices down, those who may have given up hope of homeownership may be able to leverage more affordable rental options—including downsizing to a smaller unit or considering a roommate for the near term—to help build savings for a future home," said Jiayi Xu, Economist at Realtor.com.

Busy cities are abuzz with new apartment buildings, which are now going up at the fastest rate recorded in decades. This new report spotlights the regions where multifamily construction is surging to keep up with demand.

While millions of units are expected to be developed in the coming years, developers are expected to open 460,860 rentals by the end of December. However, a new RentCafe study revealed even that may not be enough to keep up the pace with surging nationwide rental demand as more and more Americans opt for renting over buying.

Rental market competition was moderate this summer compared to last year, according to a new RentCafe study, with Miami named the most competitive rental market during peak moving season, while two other Florida markets also topped the top 10 list.

A new study from Yardi Matrix revealed student housing posted five consecutive months of annual rent growth of over 7% recorded through June, while new data projects rates to remain solid throughout the 2023-2024 semester.

As renters continue to outpace homebuyers across the U.S., Miami is reemerging as the nation’s most competitive rental market. But pent-up demand remains an issue, driving the occupancy rate up to an estimated 97.1%, according to a new report from RentCafe.

A new analysis from RentCafe revealed the average size of new apartments in 2022 was 887-square-feet, a 54-square-foot drop from a decade ago, due to more studios and one-bedroom apartments entering the market.

Manhattan is home to the highest share of units that combine residential and office and retail space in the nation, home to nearly 90,000 units.

Finding a place to rent is harder than anytime since 1984 as the low number of available units means that each available unit is receiving multiple applicants. While ...

Some lucky home sellers have made a serious killing at the closing table since the turn of the century. Just how many? That’s the million-dollar question … and one a data provider set out to answer.