New from MPF Research: Market Momentum Survey, Apartment Construction Trends, Cincinnati Rent Growth
MPF Research provides actionable apartment market research to apartment investors and operators. Here’s the latest from RealPage’s multifamily intelligence division.
Miami earns top investment rating in Market Momentum survey
Miami/South Florida ranks #1 among the top markets for increasing multifamily investment appeal, according to respondents of the latest Market Momentum research produced by the National Apartment Association and RealPage.
The survey reveals industry players see Miami’s apartment market outlook as favorable – but do performance metrics support that sentiment?
Apartment construction heats up in previously less active markets
On a percentage basis, the greatest positive changes in scheduled supply tend to be in places where construction, to date, has not been particularly robust.
In a new report, MPF Research analyzes the top 10 metros where completions will accelerate notably. Leading the pack is Milwaukee, where completions are set to increase more than 150% in the year ahead.
Cincinnati apartment rent growth accelerates
Rent growth leaders as of mid-2017 include an unexpected contender – Cincinnati. Further, the metro’s annual rent growth rate, 5.4%, is now the strongest in the Midwest.
A new report explores Cincinnati’s market climate, analyzing factors like occupancy trends and in-progress development, to project near-term performance.
For the latest multifamily market insights, visit MPF Research.