New Rentals Fill Faster in Early 2025 Despite Ongoing Supply Surge

A Redfin analysis shows 48% of new apartments were leased within three months in Q1 2025, slightly above 2024 rates. While absorption remains below pre-pandemic highs, slower construction completions helped stabilize demand amid record inventory.

Sourcehttps://www.orionprop.com/topfive/new-rentals-fill-faster-in-early-2025-despite-ongoing-supply-surge/

Subscribe to The Home Front

Fill out the information below to join our newsletter.

This field is for validation purposes and should be left unchanged.