National Apartment Statistics & Forecast CoStar (November 2018)

  • Vacancy rates projected to rise to 6.3% by 2022
  • 8.8% for 4 & 5 star
  • 5.5% for 3 star

  • New Apt Completions to drop from +80,000 to +60,000 by 2022

  • Rent Growth to Decrease from +3.0% to +0.4% in 2021 and back to +1.0% in 2022

  • Sales Volume to Decrease in Q4 2018

  • Price/Unit to peak in mid 2019