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US Multifamily Forecast Retains Record-Low Vacancy for 2022

Double-Digit Rent Growth Projected To Moderate as Rates Move Toward New Norm

Unprecedented demand for apartments combined with the vacancy rate hitting a historical low created record-breaking rent growth for U.S. multifamily properties in 2021. These and other positive demand drivers are expected to continue at strong levels into 2022, allowing the vacancy rate forecast to hold at the current record low of 4.5% throughout the year.

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