Despite global shocks, multifamily remains a sound commercial real estate investment
Zillow data shows rent price growth has reached its lowest level since 2020
Headwinds aside, multifamily real estate remains on a firm footing
Oversupply and undersupply cycles in multifamily housing reveal one undeniable truth: Rent growth and occupancy are driven by supply and demand, not just flashy market narratives
A 50-year high in multifamily building starts and completions has led to cooling rent growth and better lease terms. In July, 33.2% of rentals on Zillow included concessions, up 23% from 2023
Despite 11 months of declines, Realtor.com said the typical renter is paying $305 more monthly for an apartment compared to 2019. The greatest rent increases are in Florida and the Midwest
Fast-growing rents and disappearing rental assistance programs have given way to a concerning rise in eviction filings compared to pre-pandemic norms, 'The Wall Street Journal' revealed
Overall inflation rose just 3% on an annual basis in June, according to Bureau of Labor Statistics. The 10-year Treasury yield, an indicator of mortgage rates, plummeted on the news Thursday
Despite short-term challenges in the space, multifamily real estate investment expert Michael Zaransky is still bullish on the long-term potential of the sector
During his latest CNBC appearance, Compass CEO Robert Reffkin said recent stock market gains have led to a resurgence in luxury sales
A new Zillow analysis on Wednesday revealed a slowdown in rental concessions ahead of a busy spring and summer leasing season. Only 32.2% of rentals advertised incentives in February
Opinion
Multifamily investors can thrive even during periods of more moderate growth by understanding their renters, markets and properties, Michael Zaransky writes
A coming boost in apartment inventory is expected to dramatically slow rent growth in 2024; however, it's expected to still be a tough year for renters as affordability worsens
At $2,052, the median monthly rent remains near its all-time high. But builders are wrapping up construction on thousands of new units, and rents could start falling soon
A new report from CoreLogic is the latest to confirm that rent growth is falling back toward historical levels as the market moves on from unprecedented growth during COVID-19