Multifamily Supply Cliff Ahead? What Slower Completions Could Mean for Rents
The apartment market may be moving from a supply-wave story to a supply-slowdown story. For the past few years, new multifamily construction gave renters more choices and slowed rent growth in many markets. But construction is cooling, completions are falling in some datasets and demand is absorbing more units. If the slowdown continues, today’s renter-friendly … Read more