Also worth noting that Denver is experiencing something similar. Not the same context, but also an increase of new supply leading to lowered prices: https://www.denverpost.com/2025/01/24/metro-denver-apartment...
Ignore the "plunge" in the title. I think it mentions it's only something like a 3% drop. But will be interesting to see if that 3% increases over time.
Also worth noting that Denver is experiencing something similar. Not the same context, but also an increase of new supply leading to lowered prices: https://www.denverpost.com/2025/01/24/metro-denver-apartment...
Ignore the "plunge" in the title. I think it mentions it's only something like a 3% drop. But will be interesting to see if that 3% increases over time.