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Multifamily construction slows due to high costs and uncertainty.
However, cities in the Midwest remain more manageable in terms of costs.
Investments in affordable housing grew this year, but market participants remain concerned that certain factors may dampen future growth.
But not across all sectors.
However, the impact of the housing shortage will take years to materialize.
A slowdown in new construction is expected to affect renters differently across the U.S.
A rally in REIT performance could boost public and private deal flow in 2025.
Popular affordable housing programs may see a change in funding next year.
Lower mortgage rates, job growth, and millennial demand will drive regional housing market activity.
Key markets across the US are seeing strong housing demand.