Multifamily Rents Poised For Robust Increases Further Ahead via GlobeSt

For the past three years the multifamily sector has experienced a construction boom not seen since the 1970s, which has helped lead to the current moderation of rents.

However that may be about to change.

According to a new report by Greg Willett of Institutional Property Advisors, rents could resume an upward path by spring 2024, with “robust” increases in 2025.

Read more...Multifamily Rents Poised For Robust Increases Further Ahead via GlobeSt