More apartments are scheduled to complete in 2022 than in any single year since at least the 1980s. Over 426,000 apartments are under construction and slated to complete in 2022, which is the highest volume on record for the U.S. apartment market in at least 40 years. For comparison, 2021 was also considered a record read more
The pace of multifamily housing permits and starts ticked up at the end of 2023, as developers tried to get in a few more projects by the end of the year.
From the 2020 to 2023 time period, the resident base of some of the big pricey gateway markets has dwindled, led by the deepest decline in San Francisco.