RECORD-HIGH SALES VOLUME, ELEVATED OCCUPANCY, AND RISING CONSTRUCTION
Sacramento’s apartment market remains one of the top performing in the nation. Investors swarmed Sacramento for assets to purchase in 2018 with the market experiencing an all-time high in annual sales volume. Sacramento is still seeing significant in-migration, leading to apartment developers bringing more units to the market to meet strong demand. The amount of new apartment supply in 2018 was the highest since 2008 and there are now twice as many units under construction as there were at the end of 2017.