Redfin

Apartment Permits Plunge 23% Since Pandemic Peak

While permitting slowed in more than half of major U.S. metros, Sun Belt leaders like Florida’s North Port and Cape Coral continue to outpace the nation in new multifamily approvals.

New Apartments Sit Longer as Renters Gain the Upper Hand

Multifamily Permits Drop Below Pre-Pandemic Levels

Rich Renters Are More Common Than You Think

Staying Put: One-Third of Renters Remain in Same Home for at Least 5 Years

Roughly 4 in 5 Americans Back Rent Caps, Redfin Survey Reveals

Asking Rents for Newly Built Apartments Drop 6.2% in Q2

Florida and Texas Condos Are Piling Up

Multifamily Permits Drop Nearly 30% Since Pandemic

New-Construction Apartments Are Leasing at the Slowest Pace Since 2020

Redfin: Renters Staying Put Longer

2 in 5 Renters Don’t Believe They’ll Ever Own a Home

Most People Are Pro-Building—Just Not in Their Neighborhood

Inflation Takes Toll on Younger Renters