Market Intelligence: Q2 2024 Mid-Atlantic Region
In recent months, the Mid-Atlantic region has quietly emerged as a regional leader for multifamily rent growth and occupancy, with stable demand and generally limited supply headwinds informing decent revenue growth. While regional supply trends have been muted, there have been examples of remarkable absorption of new supply in rental metros like Jersey City and pockets of the nation’s capital.
While much of Mid-Atlantic multifamily should remain stable in 2024, slowing job growth and slow-yet-continued population expansion may prevent local apartment metros from reaching their full potential. Find out what you can expect in your area.
Join RealPage® market analysts Dustin Weaver and Adam Couch as they review primary and secondary multifamily markets across the Mid-Atlantic region in Q2 2024, from Virginia’s Blue Ridge Mountains in the southwest up through Pennsylvania and northern New Jersey.
Markets featured in this webcast will include:
- Allentown
- Atlantic City
- Baltimore
- Blacksburg
- Charleston
- Charlottesville
- Dover
- Erie
- Hagerstown
- Harrisburg
- Huntington
- Lancaster
- Lynchburg
- Morgantown
- Newark-Jersey City
- Philadelphia
- Pittsburgh
- Reading
- Richmond
- Roanoke
- Salisbury
- Scranton
- State College
- Trenton
- Vineland
- Virginia Beach
- Washington
- York
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.
