186,000
The forecasted demand for new apartment units nationwide in 2015.
The forecasted demand for new apartment units nationwide in 2015.
Las Vegas will see the highest emerging demand for new housing in 2015.
3.2%
The projected increase in employment in Las Vegas and Jacksonville, Fla., among the leading metros.
The projected increase in employment in Las Vegas and Jacksonville, Fla., among the leading metros.
5.6%
The projected rent growth for San Bernardino, Calif., this year.
The projected rent growth for San Bernardino, Calif., this year.
After Las Vegas, the metros with the highest expected demand will be Riverside–San Bernardino, Calif.; Jacksonville, Fla.; San Diego; and Phoenix
0.8%
The lowest percentage of job gains for the year, for Detroit, northern New Jersey, and Pittsburgh.
The lowest percentage of job gains for the year, for Detroit, northern New Jersey, and Pittsburgh.
7,950
The number of apartment unit completions forecast for Phoenix in 2015, among the highest in the country.
The number of apartment unit completions forecast for Phoenix in 2015, among the highest in the country.
500,000
The estimated number of young adults residing in Las Vegas, one-fourth of the metro’s total population.
The estimated number of young adults residing in Las Vegas, one-fourth of the metro’s total population.
Nationally, apartment values are now 13% above the 2007 peak.
Metros forecasted to have the highest employment growth rates this year include Austin, Texas; Dallas–Fort Worth; Portland, Ore.; Fort Lauderdale, Fla.; and Denver.