MULTIFAMILY 2020 U.S. Real Estate Market Outlook

MILD SLOWDOWN IN APARTMENT DEMAND The overall multifamily vacancy rate likely will rise by 20 bps to 4.5%, still below the long-term average of 5.1%. Rent growth will edge down to about 2.4%, just under the long-term average of 2.6%. As a result of slower economic growth, apartment demand is projected at 240,000 units in […]