The apartment market continues its recovery during the second quarter. As a result of surging rental rates and occupancy, demand for multifamily professionals stood strong. In this edition of NAAEI’s Apartment Jobs Snapshot, job openings in the apartment industry consisted of more than 37.0% of positions available in the real estate sector, surpassing the 5-year average of 33.2%. Property management, leasing and maintenance job openings declined year-over-year, yet administrative positions increased by 1.1%. Dallas, Los Angeles, Washington, DC, Denver and Seattle ranked highest for apartment job demand. For the student housing sector, job openings were most prevalent in Austin, Columbus, Gainesville and Tallahassee.
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