Over the past five years, the national multifamily housing market added a massive amount of new supply, with total completions surging from 1.3 million to 1.8 million units.
Five-year multifamily construction boom pours 1.8 million units onto the US market
Sun Belt dominates supply gain, accounting for two-thirds of the increase
By Jay Lybik
CoStar Analytics
November 20, 2024 | 10:09 P.M.
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