Our absorption rate (time it takes to run out of inventory if buyers keep buying at the current pace and sellers stop selling completely) has been averaging less than 3 weeks for a couple of years, but in January we were up over 1 month. 

It means prices are too high.2 - Absorption Rates fluctuate all the time. 

. 👍 there's 150 billion in the pipeline of columbus it's a very robust market. top market this month for month over month rent growth for multifamily as well as top 2 year over year. we have high absorption capacity for new construction.

huntsville was on a list I saw where it's been overdeveloped compared to net absorption which lowers rent prices that you put in underwriting.

So the low interest rate environment dovetailed with "good but not great" demand has kept new inventory low and absorption of any new product very healthy.Turns out Rochester is not the only market in the US that has not fallen victim to the headline numbers.

We have what's called plenty of absorption which means we could have several thousand units built more every year and still be fine.

The reason its so tough is called Absorption.

Fresno was starved for inventory for some time, and new inventory has generally been matched with a corresponding uptick in net absorption.

to me a better metric would be DOM  ( Days on Market) or absorption.

A total of 2,700 new units came to the market during that time, while net absorption came to 1,300 units.