Newly Built Apartments Filling Up Slower Than a Year Ago

Share of apartments rented within three months of completion (seasonally adjusted)

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Units in buildings with 5+ units; most recent data point covers apartments that were completed in Q1 2024 and either rented or not rented in Q2 2024

Source: Redfin analysis of U.S. Census Bureau dataGet the dataCreated with Datawrapper