Based on Freddie Mac's Multifamily Outlook released this week, the U.S. multifamily rental market continues its 5-year streak of robust growth that began just after the Great Recession ended and is expected to remain strong for several more years.
Steve Guggenmos, senior director of Freddie Mac Multifamily investments and research said, "It is now clear that the increase in Multifamily demand is more than a temporary correction stemming from the Great Recession. Favorable demographic trends will support strong multifamily growth for several years. Individual market performance will vary based on the pace of new supply delivered to the market and local economic strength."
Read more...Multifamily Market in U.S. to Remain Strong for Several More Years - WORLD PROPERTY JOURNAL Global News Center
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