Research

First quarter was the strongest on record.

With only one exception, the top markets are all in the Sun Belt and the West.

There was a shift in visit rates in March as COVID restrictions were lifted again.

With many of the city's largest employers back in the office, the multifamily market is rapidly recovering.

Entering the busy spring leasing season, Apartments.com reported growth cooled at 10.6%, down from 11.4% in March.

The multifamily industry is beginning its busy season when most of the annual rent growth typically occurs.

The sector saw negligible movement in the overall cap rate, which dropped 3 bps.

The area's concentration of talent has supported expansion in the life science sector, particularly for high growth companies.