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Summer Saw Slumping Apartment Demand as Americans Put Off Moves

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Summer Saw Slumping Apartment Demand as Americans Put Off Moves
A "for rent" sign posted in front of an apartment building in San Francisco, Calif., on June 2, 2021. Justin Sullivan/Getty Images
Greg Isaacson
Updated:
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News Analysis

Demand for apartments in the United States crashed this summer, with asking rents dipping in September and the number of renters moving out of apartments exceeding the number moving in during the third quarter.

Greg Isaacson
Greg Isaacson
Author
Greg Isaacson spent 7 years in China and Thailand researching and reporting on business and real estate in Asia, with a focus on commercial real estate in Chinese-speaking markets as well as outbound investment from China. He has also worked as a real estate research analyst in Chicago and a real estate reporter in New York.
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