The St. Louis multifamily market improved in 2024 as demand increased and pressure from new construction began to slow. At the end of the year, the vacancy rate was 9.9%, a 40-basis-point improvement from the end of 2023.
The St. Louis multifamily market improved in 2024 as demand increased and pressure from new construction began to slow. At the end of the year, the vacancy rate was 9.9%, a 40-basis-point improvement from the end of 2023.
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