This week’s roundup offers insights on the top multifamily markets of the decade, where apartment supply is increasing and how baby boomers will impact senior housing. First, Arbor’s Chatter blog offers an infographic on the top-performing multifamily markets of the decade by sales volume, with cities across the country making the list. Next, RealPage takes a look at the metros seeing the biggest increases in new apartment inventory, with 2020 expected to see a three-decade record for new supply across the country’s 150 largest markets. Another Chatter blog covers how baby boomers’ unique lifestyle preferences will shape the future of senior housing options, based on insights from NIC’s chief economist and a recent study from the organization. Then, the Milken Institute releases its “Best-Performing Cities 2020” series, which offers real estate investors insight into which metros are performing well based on indicators like job growth and wage increases. Finally, MBA compiles research on the single-family rental market, which has seen consistent rent growth propelled by newly formed households seeking entry-level properties.  

Top U.S. Multifamily Markets of the Decade Snapshot

Arbor Chatter – February 25

“The top U.S. multifamily markets by sales volume included major cities like Manhattan and Chicago, with several Sun Belt metros making the list.”

New Apartment Supply in Several Small Markets to Rise in 2020

RealPage – February 28

“In seven of the nation’s 100 small apartment markets new supply in 2020 is expected to increase by more than 1,000 units over 2019 volumes.”

Diversity in Baby Boomers’ Senior Housing

Arbor Chatter – February 26 

“NIC data projects a growing need for baby boomers’ senior housing. This generation is expected to explore different healthcare and group living options.”

Best-Performing Cities 2020: Where America’s Jobs Are Created and Sustained

Milken Institute – February 26

“The Milken Institute’s Best-Performing Cities series has tracked the economic performance of US metros for two decades using job, wage and salary, and high-tech gross domestic product (GDP) indicators.”

Single-Family Rents Grew 3% Last Year

MBA – February 26

“December marked the sixty-eighth consecutive month in which low-end rentals propped up national SFR rent growth as newly formed households push up demand for entry-level properties.”