While the multifamily market is poised for moderate growth driven by rising rents in 2025, the extent of growth will vary across regions. Following several years of strong demand, the sector is expected to enter the new year in solid shape, supported by a growing economy, robust consumer spending, and a favorable employment outlook, according to a sector report from Yardi Matrix.

Although the pace of rent increases has decelerated compared to the post-pandemic boom years, the forecasted growth of 1.5% signals a positive outlook for multifamily landlords and developers.


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.