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Sun Belt apartment boom: Where supply surges hit hardest

Understanding the full picture of apartment supply trends
By Juan Arias, Toby Jorgensen, Israel Linares
CoStar Analytics
December 9, 2024 | 3:57 P.M.

Sun Belt markets continue to see significant apartment construction activity, which has been affecting vacancies and rent gains over the last year, specifically for luxury units. To quantify the supply risk this new construction poses across these markets, we developed a score that looks at five supply-related variables.

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