Apartment Markets Scheduled to See Deliveries Decrease in the Coming Year

New apartment supply has been hitting the U.S. apartment market heavily in the past few years, with some markets scrambling to keep up with the influx. But a handful of major apartment markets are scheduled to see completions taper off in the coming year.

The U.S. overall delivered 522,743 units in the year-ending 2nd quarter 2024, according to data from RealPage Market Analytics. At the end of 2nd quarter, there were another almost 630,000 units underway and scheduled to complete in the next four quarters. But while the U.S. overall is expected to see delivery volumes increase in the coming year, a handful of major markets will see their supply totals go a different way...
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RSK: Madison is still in the expansion mode for apartments. Still a high demand for new construction and amenities.