Market Intelligence: Q2 U.S. Update
In the first 90 days of 2025, fundamentals have continued supporting strong apartment demand across the U.S. Though supply remains robust enough to help counterbalance strong demand, the relationship between supply levels and demand capacity is shifting. One example is that new apartment starts have fallen to their lowest level in 10 years. Yet, apartment absorption is coming off one of the strongest annual readings on record, supported by a combination of higher-than-usual resident retention alongside improved new resident traffic. As such, occupancy continues to climb closer to the long-term norm.
But there are still questions, with potential distress and economic uncertainty clouding the near-term outlook. Will demand remain strong as supply eases? Or will recent noise in the broader economy damper expectations for the next few months?
Join RealPage® multifamily market experts as they share their review of Q1 2025 performance and the outlook for the upcoming summer months. Topics of discussion will include:
Arben Skivjani serves as a Deputy Chief Economist and Data Scientist for RealPage, Inc. His primary focus is on forecasting and econometric modeling, economic impact studies, reporting and analysis of macroeconomic trends that affect the multifamily industry. Prior to joining RealPage, Arben worked for several government and private sector entities, including the District of Columbia Department of Employment Services, Center for Business and Economic Development at the University of Alabama and Camoin Associates in Upstate New York.
Arben is heavily involved in the Dallas/Fort Worth Association for Business Economics where he currently serves as Vice President and is a member the National Association for Business Economics.
Arben holds a master’s degree in economics from The University of Alabama.
Dustin Weaver
Market Analyst, RealPage, Inc.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.
