Yardi Matrix: 2024 Forecast: Multifamily Demand to Stay Positive, but Market Faces Hurdles

Multifamily rents nationally have leveled off as a strong delivery pipeline has counteracted ongoing strong demand. The impact of supply growth on rents, the slowdown in starts as construction debt costs rise, and the need for more deliveries to alleviate the nation’s housing shortage are key topics in the industry.

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