The US apartment market is recording new highs in apartment deliveries. More than 345,000 new apartments are scheduled to be completed this year in large-scale developments. In other words, more units are set for 2017 than in the last 20 years.
According to Yardi Matrix senior analyst Doug Ressler, all this new construction may work in the renters’ favor, at least in the near future.
Read more...How Hot is the Multifamily Market? | GlobeSt.com
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