Dallas-Fort Worth 2Q 2024 Report
Dallas-Fort Worth 2Q 2024 Market Report MARKET SNAPSHOT AVERAGE RENT $1,515 2Q 2024 2Q 2024 RENT CHANGE -1.6% OCCUPANCY RATE 91.9% 2Q 2024 ANNUAL OCCUPANCY CHANGE 70 BASIS POINTS QUARTERLY DEMAND 11,041 [YTD: 16,276] QUARTERLY COMPLETIONS 11,718 [YTD: 21,785] KEY TAKEAWAYS Dallas-Fort Worth’s apartment market is rebounding as robust demand catches up with recent supply growth. […]
Denver 2Q 2024 Report
Denver 2Q 2024 Market Report MARKET SNAPSHOT AVERAGE RENT $1,858 2Q 2024 2Q 2024 RENT CHANGE 0.3% OCCUPANCY RATE 94.0% 2Q 2024 ANNUAL OCCUPANCY CHANGE 0 BASIS POINTS QUARTERLY DEMAND 4,156 [YTD: 6,334] QUARTERLY COMPLETIONS 5,286 [YTD: 8,993] KEY TAKEAWAYS In 2Q 2024, Denver’s apartment market maintained an occupancy rate of 94.0% for stabilized assets, […]
Des Moines 2Q 2024 Report
Des Moines 2Q 2024 Market Report MARKET SNAPSHOT AVERAGE RENT $1,133 2Q 2024 2Q 2024 RENT CHANGE 2.1% OCCUPANCY RATE 94.0% 2Q 2024 ANNUAL OCCUPANCY CHANGE -50 BASIS POINTS QUARTERLY DEMAND 207 [YTD: 286] QUARTERLY COMPLETIONS 312 [YTD: 717] KEY TAKEAWAYS Des Moines’ development pipeline is contracting significantly, with around 2,000 units under construction as […]
H1 2024 Corporate Expansion Announcements
MMG RESEARCH H1 2024 Corporate Expansion Announcements: To Boost Local Markets and Multifamily Sector The first half of 2024 has been characterized by a significant number of corporate expansion announcements. Several leading firms are expanding their operations across the United States, fostering optimism and yielding substantial advantages for local and regional economies. Key expansion initiatives […]
El Paso 2Q 2024 Report
El Paso 2Q 2024 Market Report MARKET SNAPSHOT AVERAGE RENT $1,051 2Q 2024 2Q 2024 RENT CHANGE 2.7% OCCUPANCY RATE 95.7% 2Q 2024 ANNUAL OCCUPANCY CHANGE -30 BASIS POINTS QUARTERLY DEMAND 223 [YTD: 572] QUARTERLY COMPLETIONS 206 [YTD: 286] KEY TAKEAWAYS Healthy rental demand has been supporting balanced fundamentals in the El Paso multifamily market. […]