Key Takeaways: Baltimore Enters Period of Development SlowdownFewer than 800 units were delivered in the first half of the year, putting 2025 on track for the lowest annual total since 2010. The construction pipeline has also thinned, with active projects down 30...

Key Takeaways: Leasing momentum continues: Baltimore City experienced strong renter demand in Q2 2025, with overall vacancy dropping 80 basis points since the start of the year. Steady job growth has helped sustain apartment demand despite economic uncertainty. New...

Key Takeaways: Steady population growth has anchored absorption, with the tri-county area adding more than 12,000 new residents since 2021, a 3.3% increase. Overall vacancies have declined by more than 150 basis points year-over-year. Construction activity remains...

Key Takeaways: Renter demand remains strong. In Q1 2025, Baltimore City experienced continued leasing momentum, with vacancy declining by 30 basis points. This marks the first quarterly drop in vacancy since 2021, indicating that the market is effectively absorbing...

Pictured: Havre De Grace Waterfront in Harford County, MDKey Takeaways: • Investment Activity Reaches Decade High Multifamily investment surged in 2024, with over $135 million in transaction volume—the highest in more than 10 years. Investors remain focused on...

Key Takeaways: • Baltimore City Multifamily Sales Rebound Multifamily sales in Baltimore City surged past $460 million in 2024, marking the third-highest transaction volume of the past decade. Investor confidence has returned as rent growth stabilizes and vacancy...

Key Takeaways: Despite elevated new deliveries in 2024, strong renter demand has stabilized vacancy rates, allowing landlords to push rents, with rent growth expected to accelerate through 2025. Multifamily development in the Baltimore Metro is slowing due to...

Key Takeaways: Baltimore County’s multifamily market is experiencing low construction activity, with just under 240 units delivered since 2022. This trend is expected to persist in the near term, as elevated interest rates and stringent lending conditions have slowed...

Key Takeaways: - In the first half of 2024, there was a significant increase in multifamily demand in Baltimore City. The labor market, demonstrating resilience, fueled this surge in renter demand at the beginning of the year. The city’s unemployment rate is near...