Market Intelligence: Q2 U.S. Multifamily Update
Improving demand continues to help offset immense pressure from new apartment supply as rent growth appears to have stabilized after its considerable 2023 slowdown.
Yet, questions loom from multifamily industry professionals – how much supply can the market absorb in 2024, and what will be the subsequent impact on revenue growth? Still, investor sentiment remains solid despite modest revenue growth as the interest rate environment comes into clearer focus.
Join RealPage® expert Carl Whitaker for his view on the state of the nation’s multifamily markets, addressing key questions surrounding supply/demand fundamentals, regional performances, capital markets, inflationary pressures and forecasts for 2024 and beyond.
Carl Whitaker is RealPage’s Chief Economist, leading the company's team of economists and market analysts. Carl and the Market Intelligence team specialize in analyzing and disseminating economic and market trends for the rental housing industry. He primarily focuses on presenting trends in the rental housing industry to a wide audience, including investors, asset managers, operations professionals and media, among other personas. Carl has been cited in the Wall Street Journal, Bloomberg and GlobeSt and is a frequent keynote speaker for industry events. Carl holds degrees from the University of North Texas, including a Master of Science in Applied Geography.