Cities with Highest Increase in % Growth with Apartment Construction in the US, in 2022

[mhays25]

Originally Posted by Shakeesha

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It is a term used mostly by commercial developers and retailers to get a better understanding of whether they should build in a particular area. The average person would not care about such a metric, as the metrics used in the op's study give a "big picture" explanation.

Not really.

I'm sure someone cares somewhere, but it's not one of the many typical metrics in the apartment developer/investor world.

Market-wide and subarea stats are big of course. But those are mostly about inventory, vacancies, and rents. The land areas of markets and subareas, or units per land area, rarely comes up.

[Shakeesha]

Originally Posted by mhays25

Not really.

I'm sure someone cares somewhere, but it's not one of the many typical metrics in the apartment developer/investor world.

Market-wide and subarea stats are big of course. But those are mostly about inventory, vacancies, and rents. The land areas of markets and subareas, or units per land area, rarely comes up.

This is not true. This statement alone tells me you don't know what you're talking about.

[mhays25]

I'm in construction-side analytics, but use services like CoStar that are the primary sources for developers and CRE brokers. In the Seattle area, that stuff doesn't come up.

What field are you in?