The US Needs To Build 1.9M New Units Needed By 2030

MMG RESEARCH The US Needs To Build 1.9M New Units Needed By 2030 According to a comprehensive forecast by WeAreApartments.com, in collaboration with the National Multifamily Housing Council (NMHC) and the National Apartment Association (NAA), the United States is on the cusp of a significant housing challenge. To meet the escalating demand for rental accommodations, […]

Renter Hotspots of 2023

MMG RESEARCH Renter Hotspots of 2023 Several factors are contributing to the surge in renter households in major urban centers. First and foremost, these cities serve as economic hubs with thriving job markets, attracting a diverse population from across the country. For many, renting offers an immediate entry point into these coveted locations. Furthermore, the […]

How Fast is Inflation Cooling Across Major US Cities

To evaluate the regions where inflation accelerated most rapidly, we analyzed the latest Consumer Price Index for All Urban Consumers (CPI-U) from the Bureau of Labor Statistics, comparing the percent change from Jul 2022 to July 2023, across 23 major metropolitan areas.

2023 Regional Performance Forecast

MMG RESEARCH 2023 Regional Performance Forecast Key themes we anticipate for the multifamily market in 2023 Go (Mid)West, Young Man The Midwest may now be the nation’s last bastion of rental affordability. Because of this, price-conscious renters have been attracted to the affordable housing options the Midwest offers. Although rent growth continues at a slow […]

Q/Q Rent Growth 3Q22

Markets holding up the best at the end of the 3Q are “slow and steady” Midwest & Gateway markets