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Apartment Rental in Virginia - Industry Market Research Report

  • ID: 4659499
  • Report
  • December 2019
  • Region: United States
  • 20 pages
  • IBISWorld
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Landlord's lament: Dwindling demand has caused the industry to stall

FEATURED COMPANIES

  • Century 21 New Millennium
  • MORE

Apartment Rental in Virginia

Over the five years to 2018, the Apartment Rental industry in Virginia has largely stagnated. While industry performance has been aided by a decreasing rental vacancy rate, demonstrating a rise in demand for rental housing, the state industry's performance has faltered amid relatively weaker employment growth in the state. Moreover, industry revenue growth has been hindered by rising homeownership rates in the state in recent years. Over the five years to 2023, the industry is anticipated to continue to decline slightly. The rental vacancy rate is expected to rise, which indicates that supply conditions may surpass demand.

Operators in this industry act as lessors of buildings used as residences or dwellings. Industry participants are owner-lessors of residential buildings and establishments that rent real estate and then act as lessors by subleasing it to others. In addition to apartment rentals, the industry also includes single-family homes and town houses.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

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FEATURED COMPANIES

  • Century 21 New Millennium
  • MORE
ABOUT THIS INDUSTRY
  • Industry Definition
  • Main Activities
  • Similar Industries
  • Additional Resources
INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
  • Executive Summary
  • Key External Drivers
  • Current Performance
  • Industry Outlook
  • Industry Life Cycle
PRODUCTS & MARKETS
  • Supply Chain
  • Products & Services
  • Demand Determinants
  • Major Markets
  • International Trade
  • Business Locations
COMPETITIVE LANDSCAPE
  • Market Share Concentration
  • Key Success Factors
  • Cost Structure Benchmarks
  • Basis of Competition
  • Barriers to Entry
  • Industry Globalization
MAJOR COMPANIES

OPERATING CONDITIONS
  • Capital Intensity
  • Technology & Systems
  • Revenue Volatility
  • Regulation & Policy
  • Industry Assistance
KEY STATISTICS
  • Industry Data
  • Annual Change
  • Key Ratios
JARGON & GLOSSARY
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  • Long & Foster Real Estate Inc.
  • Century 21 New Millennium
  • TTR Sotheby’s International Realty
  • Coldwell Banker Residential Brokerage
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