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U.S. Market Review: Supply Grows to Meet Demand

June 14, 2022

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Occupancy down from 2021

Over 70% occupancy already for summer in some coastal markets


Occupancy came down in May 2022 as supply increases outpaced demand growth. Available listings hit an all-time record high of 1.34 million, up 24.7% from last year, with 84,000 new listings added in May 2022.


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