Tag Archives: RealPage

In a letter to FTC Chair Lina Khan, Sen. Sherrod Brown urges the Commission to examine whether proprietary rental pricing algorithms may be hurting competition, in violation of antitrust laws.

As new construction in the apartment sector takes form, occupancy remains high but rent growth is beginning to slow, according to the latest research from Carrolton, Texas-based RealPage, a software provider for apartment communities. However, RealPage does not see new construction as a threat to the strong rental market nationwide. Apartment occupancy currently stands at 94.8 percent in the core 100 metro areas measured by RealPage MPF, while rent growth slowed from 4.8 percent at the end of 2011 to 2.6 percent at the start of this year. California markets topped the list of markets with the highest annual rent growth for the first quarter of this year, according to RealPage.