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Industry Blog

Rents to go down in Denver?

Scott Lukes - Friday, January 26, 2018

Per the Denver Post:

Thousands of new apartments continued to pour onto the market in metro Denver last year, pushing down rents and pushing up vacancy rates to their highest level in seven years, according to the Denver Metro Apartment Vacancy and Rent report for the fourth quarter.

Metro Denver absorbed 11,821 new apartments last year, up from 11,056 in 2016. That represents the most in records going back to 1981, although the 1970s had years with more robust construction.

For more info:
https://www.denverpost.com/2018/01/19/metro-denver-apartment-rents-fall/ 


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