Are We Building Too Many Apartments?

IRVINE, CA—Research is showing a softening trend in apartment occupancy and rental-rate growth for the next three years, which could leave certain markets with a glut of multifamily space, Ten-X Commercial says. Their research is presented in a video available at the end of this story.

The video notes that homeownership is beginning to stabilize, removing a demand tailwind. It further looks at the impact of millennials on absorption rates, and the trends on homeownership rates overall. You’ll also learn:

  • The current conditions of New York City, Seattle and San Francisco supply pipelines;
  • What the trends show for vacancy rates and rent growth in those cities;
  • How rental rates are trending nationally.

Click on the video below to watch the full presentation.

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