Market Intelligence: Q2 Carolinas Update
Apartment markets across North and South Carolina serve as an excellent example of the impact of supply amid an otherwise strong demand environment.
While the Carolinas contain some of the nation’s strongest markets from a demand perspective, local construction pipelines in many of those same markets remain among the nation’s most aggressive. With continued population growth and favorable economic tailwinds, will the Carolinas see revenue growth stabilize in the coming months? Or will supply outpace absorption to a large enough degree that revenue growth further slows throughout the remainder of 2024?
Join RealPage® market experts as they review apartment market fundamentals for the Carolinas.
Markets featured in this discussion include:
- Asheville, NC
- Hickory, NC
- Charleston, SC
- Hilton Head Island, SC
- Charlotte, NC
- Jacksonville, NC
- Columbia, SC
- Myrtle Beach, SC
- Fayetteville, NC
- New Bern, NC
- Florence, SC
- Pinehurst, NC
- Goldsboro, NC
- Raleigh/Durham, NC
- Greensboro, NC
- Sumter, SC
- Greenville, NC
- Wilmington, NC
- Greenville/Spartanburg, SC
Dustin Weaver is a Market Analyst with RealPage's Data Analytics division, where he focuses on conventional apartment market analysis, research and data methodology. Dustin leverages his background in partnering with institutional investors and REITs to enable easier consumption and application of multifamily data and analysis.
Adam Couch
Market Analyst, RealPage, Inc.Adam Couch is a Market Analyst and has extensive experience in researching economic and demographic trends that support clients in their investment decisions. Adam has been a featured speaker at several multifamily housing industry conferences and regularly provides commentary for national and local business media. Prior to joining RealPage, Adam worked at Fannie Mae advising leadership on risk management for current pricing and acquisitions.
