Developers will likely delay starting new apartment projects until they see strong employment growth.
Tag Archives: Construction
Market Trends
Selling Multifamily Property: Guide with eXp Commercial
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Market Trends
Selling an Apartment Building FAQ’s
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If You’re Hesitant To Hire A Broker For Your Multifamily Property Read This
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Should I Sell or Should I Hold? When is the best time for asset repositioning?
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Why Should I Sell My Multifamily Property?
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Continue readingThe newest development migrating toward luxury, Class A apartment deals because higher rents are required to achieve a return on investment.
New development is expected to exceed anticipated demand for the first time in years. Wage growth does not seem to be keeping pace with rental price increases and certainly, rent control measures could significantly impact investment – especially in the value-add segment of the market.
Lower interest rates are helping offset rising labor and materials costs and helping sustain apartment construction levels.
Underlying demand for apartments remains strong as a robust labor market and positive demographic trends support healthy unit absorption, despite mounting supply pressure. Moving forward, modest performance gains are expected on the national level as the market continues to digest the aggressive development pipeline.