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Provo, Utah, could see record apartment demand this year

Strong population growth, high home prices fuel apartment demand
CoStar Analytics
August 4, 2025 | 2:15 P.M.

Apartment demand in Provo has remained strong in 2025. Following one of the strongest years for absorption last year, the difference between move-outs and move-ins, more than 900 units were absorbed during the first two quarters of the year, the strongest tally since the first two quarters of 2016.

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