Archive for August, 2015

Marcus & Millichap Releases 3rd Quarter Apartment Research Market Report

Posted on: August 17th, 2015

Marcus & Millichap’s 3rd Quarter Apartment Research Market Report has been released. Overall, the outlook of the Philadelphia apartment market remains bright as rising employment fosters stable economic growth, which in turn is strengthening apartment operations. Total employment is on

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The Apartment Spotlight: Apartments Outperform in Second Quarter

Posted on: August 4th, 2015

Marcus & Millichap’s Research Services just released their Apartment Spotlight, detailing the first half of 2015. Some of the major talking points include:

  • Steady job gains in the first half of 2015 generated robust demand for rental housing, while the
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2Q Report: Lower Vacancy Rate, Rising Rents

Posted on: August 3rd, 2015

The Philadelphia region’s apartment market continued to thrive in the second quarter, with monthly rents rising and vacancies plummeting even as new product appeared in the city and suburbs. The lower vacancy rate manifested while competition (especially in Center City) … Read More >