Robust Rental Demand Reduces Vacancy to 19-Year Low;
Strong Operations Keep Multifamily Investors Active
Leasing activity sustains momentum, supported by record low unemployment. Low interest rates and strong performance trends support investment activity, but investor caution remains elevated.
Key Features Include:
Absorption continues to outpace elevated supply as developers struggle to keep up with demand
National vacancy rate dropped to lowest rate since 2000
Availability especially limited in lower-cost Class B and C properties
Senior Associate, eXp Commercial | Chicago Multifamily Brokerage
🏢 Specializing in multifamily investment sales across Chicago and surrounding areas.📞 (630) 474-6441 | ✉️ [email protected]🔗 About Me | LinkedIn
