12/22/2023
The multifamily sector has experienced a construction boom not seen in decades, which has kept rents steady, but construction is slowing and that could lead to โrobustโ rent increases starting in 2025. There are about 30,800 units under construction โ 52% lower than the traditional start volume.
Read this and more in today's ANO: https://tinyurl.com/2s5e9sar
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