Gibson Capital’s Post

BREAKING: Only 52% of newly constructed #apartments in Q2 2024 were rented within 3 months of completion, the 2nd lowest reading since 2020. This is down from the 74% record posted in Q3 2021, according to Redfin. 1-bedroom and 2-bedroom apartments saw the biggest declines driven by the spike in new apartment #construction. Apartment completions jumped 22.6% year-over-year to 117,500 in Q2, the highest in at least 12 years. Completions are up by a whopping 56.6% over the last 2 years. The US #housing market seems to be slowing.

Many may find this shocking, but I don't. When fewer apartments are built, rents go up. Supply and demand is a simple concept that applies to housing production just like everything else in the marketplace. Do you believe if we build more housing, rents will decrease? Apartment Construction Is Slowing, and Investors Are Betting on Higher Rents - WSJ https://buff.ly/3B69YLq #housing #apartments #development

Apartment Construction to Break Record in 2024: Which US Cities Will See the Most? A report from RentCafe shows new apartment construction in the United States is expected to reach a record high of 518,108 in 2024, reports Mary Salmonsen in an article for Multifamily Dive. That sounds like good news for renters feeling the housing affordability crunch. However, according to the same report, the majority of those units are high-end projects that cater to middle- and higher-income renters. It also predicts says new apartment construction will likely fall year over year between 2025...Read More>>> https://buff.ly/4g48aTd #Insulation #ConstructionNews #MultiFamily #CommercialInsulation #MultiFamilyConstruction #Construction

The U.S. is experiencing the biggest apartment construction boom in 40 years, adding over 1.2 million new units in the last two years! 🏙️ With demand rising to the highest levels since 2021, these new spaces are quickly filling up. If this demand continues, paired with a strong economy and high housing prices, we may see landlords gaining more pricing power in 2025. Here’s what to expect: 🏠 Over 672,000 units completed by the end of 2024 🏢 Fewer new units are expected in 2025 and even fewer in 2026. This means available apartment inventory could start tightening up. As we look ahead, renters may want to lock in rates now, while landlords could see an opportunity for rental growth in the future. amy@cincoranchrealtygroup.com 8322360699 #CincoRanchRealtyGroup #AmyLookabaugh #cincoranchrealtygroup #amylookabaugh #realestatemarket #rentaltrends #apartments #housingmarket #2025realestate #newapartments #realestateinsights #compass #agentsofcompass #compassfulshear #compasstexas #texasrealestate #compassrealestate #compasseverywhere

As apartment construction slows across the U.S., big investors are betting on higher rents as a result. With fewer new buildings coming to market, the supply of apartments is shrinking, leading experts to anticipate a boost in rent growth and property values. Developers are halting projects due to rising interest rates and tighter financing, leaving investment firms to seize opportunities in existing properties. Will the slowdown continue, and how will it affect rental markets nationwide? Continue reading The Wall Street Journal article to find out more about the changing landscape in multifamily real estate.

Apartment Construction to Break Record in 2024: Which US Cities Will See the Most? A report from RentCafe shows new apartment construction in the United States is expected to reach a record high of 518,108 in 2024, reports Mary Salmonsen in an article for Multifamily Dive. That sounds like good news for renters feeling the housing affordability crunch. However, according to the same report, the majority of those units are high-end projects that cater to middle- and higher-income renters. It also predicts says new apartment construction will likely fall year over year between 2025...Read More>>> https://buff.ly/4g48aTd #Insulation #ConstructionNews #MultiFamily #CommercialInsulation #MultiFamilyConstruction #Construction

SEVEN | THE BUILD TO RENT IMPACT The build-to-rent market will negatively affect higher-density residential apartment towers more than older-style flats, whose market value is underpinned by high underlying land values, low density and position. Increasingly, the traditional inner city older style flat on the fringe of our capital cities is falling to owner occupiers. Consequently, I expect that their values will rise as the higher density product become the norm in the years to come.

Trending In Rentals- As #ApartmentRenters in many cities have been getting some relief from price increases because of the enormous amount of new supply being delivered by developers, new constructions are beginning to slow down as many apartment developers are experiencing difficulties in attaining financing & are stepping on the brakes! As new supply is likely to tapper off in 2025, existing landlords are already anticipating rent increases. Good Read: https://lnkd.in/e9iWS6wA Douglas Elliman Real Estate

The sizzling hot apartment construction market is starting to cool off. With rising interest rates and a shift in the rental market, many developers are hitting the brakes on new projects. Key takeaways: Post-Boom Pause: Apartment developers are facing a new reality after a period of rapid construction. Economic Factors at Play: Rising interest rates and a slowdown in rent growth are impacting profitability. Market Reassessment: Developers are waiting to see how the market adjusts before moving forward. Learn more: https://hubs.la/Q02FzZdb0 #CRE #CRENews #MultiFamily #Brokers

The sizzling hot apartment construction market is starting to cool off. With rising interest rates and a shift in the rental market, many developers are hitting the brakes on new projects. Key takeaways: Post-Boom Pause: Apartment developers are facing a new reality after a period of rapid construction. Economic Factors at Play: Rising interest rates and a slowdown in rent growth are impacting profitability. Market Reassessment: Developers are waiting to see how the market adjusts before moving forward. Learn more: https://lnkd.in/gt-FxPJY #CRE #CRENews #MultiFamily #Brokers