Property Management News
Summary Apartment demand in 2026 is the third-highest on record, with 452,000 new apartments rented in the first nine months. Over the trailing four quarters, absorption has overtaken new supply, pushing national occupancy to 95.5%. Renter household formations exceed 600,000 annually, driven by high home ownership costs and rising mortgage rates. Meanwhile, new apartment construction is dropping significantly from its previous peak levels. This combination of strong demand and shrinking supply is setting the stage for increased occupancy and rent growth. The early third-quarter numbers are in, and they are extremely encouraging for those in the rental property business. Data from... Read more
Fresh Zillow data offers a look at where relocation demand may be headed in the future. A new analysis shows that Buffalo, New York; Chicago; and Houston posted the...
Houston now leads the nation as a hotspot for accidental landlords, outpacing Denver, Austin and San Antonio, according to real estate firm Zillow. Overall, an...
KEY TAKEAWAYS National median rent rose 0.1% in August to $1,390, marking the seventh consecutive monthly increase. Year-over-year rents remain down 0.8%, but vacancy...
Median apartment rents declined again on an annual basis in September but clocked the smallest drop in three years, according to Realtor.com. Across the 50 largest metro...
Seven in 10 rental ads on TikTok are likely scams, according to a new study from CNC Intelligence. The digital forensics firm analyzed 3,141 rental listings on the social media platform across 16 cities in August and found 2,136 that had scam warning signs. The listings were checked against local rent benchmarks, property records, and the phone numbers advertised in the videos. Those that had strong or multiple warning signs were marked as suspicious. “Real estate is a popular avenue for scammers because moving is stressful. People can often find themselves with very little time, on a tight budget, and they’re worried about nowhere to live,” says Matthew Stern, CEO of CNC... Read more
KEY TAKEAWAYS Chicago ranked as the most competitive large US rental market with a 91.8 score and about 17 prospective renters per vacancy. National rental competition...
San Francisco rents set yet another record in September, with median prices posting double-digit gains from a year ago – by the largest margin this decade. The...
Three-quarters of renters are willing to pay an additional monthly fee for at least one added service, according to a new report from Foxen. Foxen, a proptech firm...
KEY TAKEAWAYS The national median rent fell 0.1% in September to $1,388, the first monthly decline since January but milder than both recent years and the pre-pandemic...
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