RealPage Second Quarter Analysis Forecasts Continued Strong Apartment Demand

Market-rate apartment occupancy is expected to hold steady as demand remains strong

RICHARDSON, Texas--(BUSINESS WIRE)--RealPage^®, a leading global provider of AI-driven software platforms to the real estate industry, announced today its 2025 second quarter analysis of the multifamily housing sector and key indicators for the third quarter and beyond. RealPage saw the pace of new apartment supply further decelerate following an ongoing, rapid decline in construction activity.

“Demand for apartments has shown remarkable resilience even as the once-in-a-generation supply wave crests and retreats,” said Carl Whitaker, chief economist at RealPage. “We’re observing healthy absorption rates across the nation. While new supply is decelerating, the total volume of new inventory delivering remains enough to satiate demand.”

Q2 Industry Takeaways...