The first quarter is hardly the time for apartment REITs to think big picture. That comes in Q2 and Q3, which reflects their performances during the prime leasing season, which is from May to September.

However, Q1 results met or outpaced expectations and a few increased elements of their full-year guidance as a result, according to a recent post by RealPage.

Demand drivers are improving, according to most, which pointed this out early on their calls.

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