Multifamily Absorption Hits Historic Highs as National Rental Rates Soften

Multifamily Absorption Hits Historic Highs as National Rental Rates Soften

Fresh data from Bisnow and Cushman & Wakefield reveals that apartment demand reached its fifth-highest quarterly level in twenty-five years during the second quarter. While macroeconomic pressures typically dampen household formation, renters took up 124,600 units as vacancy rate

Fresh data from Bisnow and Cushman & Wakefield reveals that apartment demand reached its fifth-highest quarterly level in twenty-five years during the second quarter. While macroeconomic pressures typically dampen household formation, renters took up 124,600 units as vacancy rate