Multifamily Housing Predictions for 2024
Parcel Pending
JANUARY 24, 2024
State of the Market: A Surplus of Rental Units Between 2021 and 2022, rental rates for new leases surged more than 20% and vacancy rates hovered around 6%. The net result of this shift is that the battle to attract and retain residents is on. Decisions should also be based on residents’ income.
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