Marcus Lindstrom One apartment REIT after another beat on 1Q24 earnings which was surprising as the sector is undergoing a massive new supply wave with development deliveries as much as 5% of existing inventory hitting the sector in 2024 and the first half of 2025. So how has the sector been able to absorb the new supply so well? In examining the data, it seems there is a perfect storm of demand drivers:  Strong employment Low savings rate High cost of houses High cost of construction Mortgage rates  Th ...