- TransUnion reported that tenant applications across more than 2,400 same-store rental properties fell 10% year over year in the second half of 2025, with the steepest decline during the summer moving season.
- Declines were concentrated in western and southwestern states, while Maine recorded the largest drop at 25%.
- Property managers lowered screening decision points by an average of 6 points, a change the analysis linked to efforts to maintain occupancy amid a smaller applicant pool.
- The report said elevated apartment construction and reduced renter willingness to move contributed to softer rental demand.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TransUnion published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603190725PRIMZONEFULLFEED9674651) on March 19, 2026, and is solely responsible for the information contained therein.
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