Multifamily demand expanded at the highest rate since 2021 during the third quarter of this year, with 176,000 units absorbed in an indication of a strong net change in occupancy.
Multifamily market sees strongest demand since 2021, lowering national vacancy rate
Third-quarter performance outpaces expectations, Sun Belt rent growth struggles persist
By Jay Lybik
CoStar Analytics
October 24, 2024 | 1:41 P.M.
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