Series: Market Update
Up Close and Local: Los Angeles Market Update
The Los Angeles apartment market saw supply levels hit a multi-decade high at the end of the 2020. Current construction remains substantial, with deliveries in 2021 set to double what was seen last year. Performance metrics are still well off what was seen pre-pandemic, and improved demand alone might not get the metro moving in the right directions. Looking at the major factors that could influence results over the next few years, questions remain on how long it will take Los Angeles fundamentals to return to normal levels.
Join RealPage analysts for an examination of what’s shaping the apartment sector performance in Los Angeles and what’s likely to happen over the near term.
Discussion topics include:
- Affordability challenges in very expensive markets
- Strengths and weaknesses in the local economy
- Los Angeles construction trends and investment activity
- Neighborhood-level performance variation
Greg facilitates the alignment of the firm’s technology and analytics solutions with rental housing sector needs and opportunities. He is well versed on rental housing market fundamentals and activity nationally, by metro and in individual neighborhoods. Greg is active in industry organizations such as the National Multifamily Housing Council, the Urban Land Institute and the National Apartment Association. He provides commentary for national and local business media.
Adam CouchMarket Analyst, RealPage, Inc.
Adam Couch is a Market Analyst for RealPage, Inc. He is the co-host of RealPage’s weekly market webcasts that feature analysis and insights on macro and micro level trends shaping national and local apartment performance. Adam also has been a featured speaker at several multifamily housing industry conferences and regularly provides commentary for national and local business media. Prior to joining Realpage, Adam worked in the foreign exchange and futures industry where he focused specifically in capital markets.
He received his bachelor’s degree in finance from the University of North Texas. Adam was also a part of the Student Investment Group and travelled extensively throughout China, where he studied international policy and its impact on macroeconomics.