January 30, 2024
CBRE Multifamily Market Outlook 2024
CBRE predicts a 45% decrease in starts in 2024 from the pre-pandemic average and a 70% decline from the 2022 peak. This substantial reduction in starts indicates that new deliveries will be less than half of the current level by 2026, setting the stage for a robust recovery in both occupancy and rent growth. READ
January 4, 2024
MHN's Top 12 Multifamily Predictions for 2024
"'The mix of high mortgage rates, tight home inventories and other factors will mean potential home buyers will confront headwinds affording a home purchase. So, with multifamily residents staying put for longer, rents will remain elevated', said Mary Le, an economist at Moody's Analytics." READ
December 19, 2023
Freddie Mac's 2024 Multifamily Outlook
According to Freddie Mac’s 2024 Multifamily Outlook, if an economic soft landing is achieved, the multifamily market is anticipated to undergo gradual growth as it copes with the considerable influx of new supply in 2024. The overall economic slowdown, resulting in a softer labor market, is predicted to impact multifamily demand, which is expected to remain positive but at a weaker level compared to the pre-pandemic rates. READ
December 5, 2023
2024 Apartment Housing Outlook
A recent forecast by the National Apartment Association indicates that the rental housing sector may likely experience slow, steady growth in 2024, despite the possibility of a recession. READ
July 25, 2022
Real Estate Update: Multifamily Market Overview 2022
According to a July 2022 article by MossAdams, "Positive demographic trends combined with strengthened economic performance support elevated apartment demand." READ
February 1, 2022
Multifamily Sees Record Demand in 2021
"2021 was a record-breaking year for the multifamily industry, according to a new report from CBRE. Total investment volume for the fourth quarter was $148.9 billion, a 73% quarter-over-quarter increase. This brought the year's total to $335.3 billion, nearly double 2019's previous record of $193.1 billion." — Christine Serlin for Multifamily Executive READ
December 8, 2021
U.S. Real Estate Market Outlook 2022: Investors Still Favor Multifamily
The multifamily sector in the U.S. is expected to conclude 2021 with both occupancy rates and net effective rents surpassing pre-pandemic levels. READ
January 12, 2021
National Multifamily Market Report – December 2020
According to a Yardi Matrix report, numerous metropolitan areas have weathered 2020 without significant impact, and some have even experienced notable increases in rental prices. READ
October 14, 2020
Emerging Trends in Real Estate®: United States and Canada 2021
Almost all these suburban markets have moved up in the ranking of overall real estate prospects compared with last year, gaining favor in 2020 likely due to the COVID-influenced desire for more public and private space. READ
June 30, 2019
Apartment Demand Hits Five-Year High
The Wall Street Journal points to scarcity of affordable apartment supply in relation to demand, especially in Aii target markets such as Houston. New construction continues to focus on higher-end, less affordable apartment properties at a time when, according to a June 2019 Freddie Mac survey, many U.S. renters now believe that they will never be able to afford their own home. READ
January 28, 2019
2019 Multifamily North American Forecast
According to this Marcus & Millichap report, "apartment assets are a favored investment class" likely to experience elevated capital flows even in an environment of rising interest rates and stock market volatility. Much of new demand in 2019, notes the report, “will center on apartments that serve the traditional workforce: Class B and C properties.” READ
January 15, 2019
Apartment First Glance 2018 Quarter 4
This Fourth Quarter 2018 pre-release analysis by Moody’s Analytics (Reis Economics) concludes on a positive note for the apartment sector: “Our outlook remains favorable given current conditions of positive job growth and tepid housing sales. The recent momentum should keep rent growth positive even as vacancy rates edge up a bit in the next few quarters.” Reis notes rising interest rates, stock market volatility and less favorable tax treatment for homeowners as positive developments affecting the sector.
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November 30, 2018
The Case for Workforce Housing
This CBRE report examines the positive supply/demand dynamic in the workforce housing segment of the multifamily market, which in turn has inspired rising demand from institutional and cross-border investors.
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September 2018
Emerging Trends in Real Estate 2019
Based on survey responses from more than 1,630 real estate industry professionals, lenders and investors, this annual publication by the Urban Land Institute and PricewaterhouseCoopers explores the need for new approaches to an evolving market. This new survey examines real estate trends such as “amenity creep,” rising sensitivity to ESG issues and the role of technology in fine-tuning risk/return assessments.
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July 24, 2018
The State of the Nation’s Housing 2018
This marks the 30th year of this study by the Joint Center for Housing Studies of Harvard University. The Rental Housing section of this year’s study notes that “the longer-term picture for rental housing demand is positive as increasing numbers of the large millennial generation form new households and more older households switch from owning to renting.”
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March 2018
Emerging Trends in Real Estate 2018
This publication by the Urban Land Institute and PricewaterhouseCoopers presents the current outlook for multifamily housing in the context of diverse property types in the U.S. and Canada.
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December 26, 2017
Investors Pile Into Suburban Rental Housing
This Wall Street Journal article describes the investment benefits associated with Class B apartments relative to luxury Class A buildings, including higher yields, predictable rent growth and constant demand.
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June 12, 2017
Our Vision for 2030
The National Apartment Association and National Multifamily Housing Council explore demographic and societal trends leading to significant future growth in demand for multifamily housing.
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June 16, 2017
The State of the Nation's Housing 2017
A study by the Joint Center for Housing Studies of Harvard University. The study provides a detailed consideration of the supply/demand factors that will contribute to opportunity in U.S. multifamily housing based on ultra-low vacancy rates and widespread real rent gains.
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