7 key predictions for the 2024 multifamily rental housing market
BD+C
DECEMBER 7, 2023
At the metro level, Austin saw the nation’s sharpest rent decline over the past 12 months (-6%), likely owing largely to new supply – the area has permitted the most new housing units per capita among large metros in recent years. 2 – Expect low single-digit rent growth in 2024.
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