Charlotte posted its strongest second-quarter absorption in over a decade, with 4,518 units absorbed—double its pre-pandemic average and signaling a strong rebound in leasing activity.
Click Here
Construction volumes remained historically high, with 19,501 units delivered over the past 12 months, continuing to outpace demand and apply pressure on average rents.
Click Here
Rents declined for a seventh straight quarter, though losses are moderating, while occupancy has remained relatively stable for nearly two years despite the influx of new supply.
