Items Tagged with 'multifamily occupancy'


  • Multifamily occupancy rates keep rising

    More Millennials opt to rent instead of own
    Apartment occupancy rates climbed in July to their highest level since in since 2000, according to a report from RealPage, which revealed that occupancy rates rose 0.4% from last year to reach 96.2% last month. Meanwhile, average rent prices across the U.S. remain around $1,414, as a number of Millennial renters keep demand strong.
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  • Renters are renewing their leases more than ever before

    Rents rise, but people still choose to stay in their apartment
    Despite rents continuing to rise throughout much of 2018, renters are choosing to remain in the same apartment more than they ever have before, even if their rent goes up. In fact, a new report from RealPage shows that apartment resident retention (renters electing to renew their lease after its initial term expires) hit an all-time high last year.
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  • WhyHotel and the changing nature of short-term rentals

    WhyHotel Co-founder and CEO Jason Fudin dishes on the future of CRE and why WhyHotel is here to stay
    Alternative hospitality startup WhyHotel Co-Founder and CEO Jason Fudin spoke with HousingWire and gave us an inside look at his company, strategy and what’s on the horizon for the young company.
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  • Yardi: Apartment deliveries continue to slow

    New data reveals that deliveries are slowing way down
    New data from Yardi reveals that apartment deliveries are continuing to decline nationally. By the end of 2018, 283,000 new apartments are expected to be delivered. This is an 11% decrease from last year when new unit construction reached its peak at 317,872 units delivered.
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  • Give the people what they want: RealPage to offer free apartment data on its website

    Company will offer continuously updated rent and occupancy data for free
    For no charge, RealPage is offering its rent and occupancy data on millions of U.S. apartments for free, citing the importance of data to due diligence and competition in the multifamily market. Visitors can access the data through the "Explore" feature on RealPage's website.
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