According to Yardi’s U.S. Multifamily Outlook for Summer 2024, multifamily performance continues to be strong, but it is not without challenges. They say demand remains steady from consistent job growth and immigration, but some fundamental metrics including rent growth and occupancy have deteriorated since the market peak in 2022. In addition, they say the capital markets will remain a headwind until rates recede.
Click here to read the full report at Yardi.
