IRVINE, CA—Research is showing a softening trend in apartment occupancy and rental-rate growth for the next three years, which could leave certain markets with a glut of multifamily space, Ten-X Commercial says. Their research is presented in a video available at the end of this story.
The video notes that homeownership is beginning to stabilize, removing a demand tailwind. It further looks at the impact of millennials on absorption rates, and the trends on homeownership rates overall. You'll also learn:
Click on the video below to watch the full presentation.
IRVINE, CA—Research is showing a softening trend in apartment occupancy and rental-rate growth for the next three years, which could leave certain markets with a glut of multifamily space, Ten-X Commercial says. Their research is presented in a video available at the end of this story.
The video notes that homeownership is beginning to stabilize, removing a demand tailwind. It further looks at the impact of millennials on absorption rates, and the trends on homeownership rates overall. You'll also learn:
Click on the video below to watch the full presentation.
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