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Positive Signs Emerge in Multifamily Market in Spring Leasing Season

US Vacancy Rate Held Steady at 6.7% As Renter Demand Returned in April
Stronger-than-expected leasing activity provided a boost to the U.S. apartment industry in April. (Getty Images)
Stronger-than-expected leasing activity provided a boost to the U.S. apartment industry in April. (Getty Images)
CoStar Analytics
May 19, 2023 | 8:22 P.M.

The beginning of the spring apartment leasing season in April brought a surge of positivity to the multifamily real estate market, as several encouraging indicators set the stage for a promising period of leasing ahead.

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