U.S. Apartment Construction Takes a Hit in 2023 With Rent Growth Potential in the Near to Mid-Term

By The Registry Staff 2023 has unveiled a dramatic transformation in the U.S. apartment construction sector, with significant reductions in new starts, especially in historically robust regions like Texas. Amid tightened access to development capital, fluctuating rent growth, and rising operational expenses, key markets have reported stark downturns, setting the stage for potential rent increases […]