2020 Apartment Market Updates on Tap

Multifamily industry analysts maintain that the current cycle still has legs, but the longer it goes the more it warrants watching. Along with analysts at RealPage Analytics, RealPage Chief Economist Greg Willett believes the national outlook for the near term has occupancy hovering at 95 percent and rent growth slightly down to 2-2.5 percent. No doubt, some markets will outperform others. To keep multifamily decision-makers informed of changing conditions, RealPage Analytics kicked off its most aggressive series of market updates for the first quarter of 2020 in mid-January. Among the first installments of a weekly series of webcasts is a look at the U.S. apartment landscape in “2020 U.S. Apartment Market Outlook.” The following are in-depth discussions on 10 markets, plus the national student housing picture. Willett, along with RealPage analyst Adam Couch, lead the weekly series. They will provide market demand influences and key metrics down to the neighborhood level, while identifying cities and metros that are gaining traction and others that are spinning their wheels. Willett is recognized in the rental housing industry for his insights on local and national housing market fundamentals. He’s active in the National Multifamily Housing Council, Urban Land Institute and National Apartment Association. Here’s the lineup, including previously recorded webcasts: 2020 U.S. Apartment Outlook After a decade of expansion in the U.S. apartment market, can performance momentum be sustained? Demand at two-decade highs in many locations drove U.S. apartment occupancy sky-high in 2019. However, economic expansion now is cooling at the same time that new apartment completions are becoming plentiful. Willett and Couch discuss apartment construction trends, expectations for the economy and apartment demand, occupancy and rent growth outlooks, as well as those metros that are bound to shine in 2020. Up Close and Local: St. Louis Market Update St...