Chris Roach

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The question of the day for multifamily investors has been when will fundamentals start to turn. And indeed, there are signs here and there of caution. For example, 2018 building permits issued for multifamily housing have fallen for the past five months.

But for the most part, fundamentals are strong for this asset class. That drop in building permits this year? Even with that decline, the year-to-date permit volume as of August 2018 is 1.8% ahead for the same period in 2017.