The national multifamily housing vacancy rate may have reached its peak of 7.9% in the third quarter of 2024. This marks a significant milestone as it is the first time in three years that the vacancy rate has not risen compared to the previous quarter.
National multifamily vacancy rate may have finally peaked
Strong regional disparities still show dramatic vacancy differences across the country
By Jay Lybik
CoStar Analytics
November 12, 2024 | 9:58 P.M.
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