New Apartments Are Increasingly Likely to Get Snapped Up Quickly As Construction Slows
48% of apartments built in Q1 were rented within three months, up from 47% in Q4 2024 and 46% in
48% of apartments built in Q1 were rented within three months, up from 47% in Q4 2024 and 46% in
Asking rents climbed 3% in August as slowing supply and robust demand gave landlords more bargaining power; the number of
The Black homeownership rate fell to 43.9% in the second quarter, while the Hispanic homeownership rate ticked up slightly. The
The number of homeowner households fell 0.1% year over year in the second quarter—a small decline, but the first since
The majority of America’s most resilient housing markets are located in the Rust Belt and are seeing an increase in
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