The Atlanta market conditions between March 31 and November 30 of this year included unique figures, including an overall rebound in rent price trends. Cindi Reed of ApartmentData.com discussed these numbers and more in a new video update on Atlanta marketplace changes from the economic environment due to COVID-19.
“Absorption is where there is a real story here,” Reed said, discussing how Atlanta absorbed nearly 3,000 units more this year than last year before the pandemic. “We’re really doing a good job of absorbing what we’re delivering.”
Reed’s presentation also highlighted submarkets of Atlanta, such as Athens, Kennesaw, and Stockbridge. See how these areas and others have been doing in the video below.
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