by Calculated Risk on 7/08/2022 01:25:00 PM
Today, in the Calculated Risk Real Estate Newsletter: Apartment Vacancy Rate Declined in Q2
A brief excerpt:
This graph shows the apartment vacancy rate starting in 1980. (Annual rate before 1999, quarterly starting in 1999). Note: Moody’s Analytics is just for large cities. …
Moody’s Analytics also reported the effective rents were up 2.8% in Q2 from Q1, and up 17.5% year-over-year. Last week, I posted a graph of the year-over-year change for various measures of rent. The Zillow measure is up 15.9% YoY in May, down from 16.6% YoY in April. This is down from a peak of 17.2% YoY in February. The ApartmentList measure is up 14.1% YoY as of June, down from 15.4% in May. This is down from the peak of 17.8% YoY last December.
There is more in the article. You can subscribe at https://calculatedrisk.substack.com/