Which U.S. Markets Saw Apartment Demand in Q4?

Apartment demand cooled across much of the U.S. in the fourth quarter of 2025, marking a return to more typical seasonal patterns after several years of unusually strong growth. But the slowdown wasn't universal.

In this episode, Kathy Fettke breaks down which U.S. apartment markets continued to see positive demand in Q4 and why those metros stood out as others experienced net move-outs. We look at absorption trends in major markets like New York, Phoenix, Fort Worth, and Newark, and what tight occupancy levels in select regions may signal for multifamily investors heading into 2026.

You'll learn how shifting demand patterns reflect a broader normalization in the apartment market—and why local fundamentals matter more than ever for investors evaluating multifamily opportunities in today's changing real estate environment.

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Source: https://www.realpage.com/analytics/apartment-demand-4q25/?utm_source=bestever.beehiiv.com&utm_medium=newsletter&utm_campaign=uber-founder-makes-a-big-multifamily-bet&_bhlid=34388c211e9bfd212d4183edf51a29e638bdde3a