Globe St., April 2, 2026: “Apartment Construction Vanishes in 16 Markets”
“Apartment construction has not just slowed in some markets; it has disappeared altogether, even as occupancies remain tight and rent performance, in several cases, is among the strongest in the country. For investors trying to read the next phase of the cycle, the concentration of "no‑build" markets alongside high occupancies and mixed rent growth is an increasingly important and complicated signal. RealPage Market Analytics has compiled the list of markets with no apartment units under construction. They are Atlantic City-Hammonton, NJ; Champaign-Urbana, IL; Columbus GA-AL; Eugene-Springfield, OR; Flint, MI; Fresno CA; Little Rock-North Little Rock-Conway, AR; Lubbock, TX; McAllen-Brownsville, TX; Midland-Odessa, TX; Mobile-Daphne, AL; Salinas, CA; Salisbury-Seaford-Ocean Pines, MD-DE; Springfield-Greenfield-Amherst Town, MA; Urban Honolulu, HI; Youngstown-Warren-Hermitage, OH-PA.” Details here: https://archive.ph/xkn6f