NYC has more homes under construction than any other US city: ReportNew York City leads the U.S. in apartment construction, with 33,000 new units expected by the end of 2024.
Rents set to roar back as apartment demand surges after building boomRising demand for rentals and decreasing vacancy rates could empower landlords to increase rents significantly next year.
Boston ranks No. 19 of top 20 metros for new apartment constructionBoston will see 1,813 new apartment units in 2024, driven by demand from the life science sector.
NYC has more homes under construction than any other US city: ReportNew York City leads the U.S. in apartment construction, with 33,000 new units expected by the end of 2024.
Rents set to roar back as apartment demand surges after building boomRising demand for rentals and decreasing vacancy rates could empower landlords to increase rents significantly next year.
Boston ranks No. 19 of top 20 metros for new apartment constructionBoston will see 1,813 new apartment units in 2024, driven by demand from the life science sector.
33,000 New Apartments Are Being Built In New YorkOver 500,000 apartments are expected to be completed in the U.S. in 2024, addressing housing shortages, especially in NYC.
Where Are New Apartments Being Built in the U.S.?The U.S. is experiencing a shift towards rental living with significant apartment construction planned for the coming years.
Apartment construction surged last year but demand still outpacing supply, says CMHC | CBC NewsHigh demand outstrips supply in major Canadian cities despite a surge in new apartment construction.Toronto, Vancouver, and Calgary saw an increase in total housing starts, while Montreal experienced a significant decline in apartment starts.
Rental Prices Continue To Fall in 2024, but Just BarelyRental prices decreased by 0.3% nationally, attributed to increased apartment construction.Studios saw a 1% decrease in rents, while some Western markets showed rent rebounds.
33,000 New Apartments Are Being Built In New YorkOver 500,000 apartments are expected to be completed in the U.S. in 2024, addressing housing shortages, especially in NYC.
Where Are New Apartments Being Built in the U.S.?The U.S. is experiencing a shift towards rental living with significant apartment construction planned for the coming years.
Apartment construction surged last year but demand still outpacing supply, says CMHC | CBC NewsHigh demand outstrips supply in major Canadian cities despite a surge in new apartment construction.Toronto, Vancouver, and Calgary saw an increase in total housing starts, while Montreal experienced a significant decline in apartment starts.
Rental Prices Continue To Fall in 2024, but Just BarelyRental prices decreased by 0.3% nationally, attributed to increased apartment construction.Studios saw a 1% decrease in rents, while some Western markets showed rent rebounds.
Abington Emerson Wins Appeal for 36 Units in LA's West AdamsAbington Emerson Investments received approval to construct apartments in West Adams, backed by Planning Commission and offering affordable units in exchange for demolishing existing buildings.