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Supply and demand shifts drive varied outcomes across apartment markets

Conditions evolve along different paths at mid-year
The 180-unit Walnut Ridge Apartments located at 1611 Royal Foxhound Lane in suburban Raleigh, North Carolina. Brazos Residential Management recently struck a deal with Winn Cos. to acquire the multifamily property. (CoStar)
The 180-unit Walnut Ridge Apartments located at 1611 Royal Foxhound Lane in suburban Raleigh, North Carolina. Brazos Residential Management recently struck a deal with Winn Cos. to acquire the multifamily property. (CoStar)
CoStar Analytics
June 29, 2026 | 4:07 P.M.

In a sign of the wide variations emerging among the nation's apartment markets, the Sun Belt cities of Raleigh, North Carolina, and Jacksonville, Florida, are seeing more renter demand as Northeast areas including Boston and parts of the Midwest such as Chicago show less change.

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