Multifamily Market Sees Strongest Demand Since 2021 Lowering National Vacancy Rate
American Apartment Owners Association
DECEMBER 16, 2024
Multifamily demand expanded at the highest rate since 2021 during the third quarter of this year, with 176,000 units absorbed in an indication of a strong net change in occupancy. ended the third quarter with the strongest annual asking rent growth of the top 50 markets nationwide, 3.5%. Washington, D.C.,
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