Advertise, Promote, Attend, Create – Work with Connect.
A full service marketing and PR agency.
Meet the team behind the machine and taste a little of the secret sauce.

National CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors

Topics

National  + Apartments  | 

Apartment Occupancies the Highest Ever

Apartment occupancy is the strongest it has ever been in the United States. In May, it reached 95.3 percent, which is an all-time high, according to research firm Axiometrics.

In addition, rents are going up as well. They rose five percent in May, the fourth month in a row of increases.

Apparently much of what is driving demand are Millennials who prefer to live in apartments and urban settings and Baby Boomers looking to downsize.

Meanwhile, the Urban Land Institute says that this demand will only become stronger and there is a vital need to build more multifamily,

Connect

Inside The Story

Read More at Realtor Magazine

About Connect CRE

Step 1: Select Education
  • ◦Development
AshcroftCapital-07-cube
NewPoint-12-cube
New call-to-action
Colliers-59-cube