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Data indicates Nashville's multifamily market is not as oversupplied as it seems

Despite record-setting multifamily construction, Nashville needs more housing
This 330-unit apartment building at 1805 Church St. in Nashville, Tennessee, is under construction. (CoStar)
This 330-unit apartment building at 1805 Church St. in Nashville, Tennessee, is under construction. (CoStar)
CoStar Analytics
November 11, 2024 | 3:01 P.M.

The multifamily market in Nashville, Tennessee, is seeking stabilization amid a record-setting wave of supply inundating the area. Over the previous year, more than 13,000 units have finished construction, the most ever on a trailing 12-month basis.

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