Category: Investment
U.S. Needs 4.6M New Apartments by 2030

“Apartment rentals are on the rise, and this trend is expected to continue at least through 2030, which means we’ll need millions of new apartments in the U.S. to meet the increased demand. The western U.S. as well as states such as Texas, Florida and North Carolina are expected to have the greatest need for new apartment housing through 2030, although all states will need more apartment housing moving forward,” said NAA Chair Cindy Clare, CPM.

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Rental Hikes in Surprising Places

As demand for housing in the DFW region continues to progress, regional occupancy rates are better than ever! In fact, thanks to the thriving economy of North Texas, over 50,000 new (primarily luxury) apartments have recently been created, and are very likely to be absorbed.

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