A cooling in the single-family home market could be detrimental to the health of the multifamily sector, according to the Integra Realty Resources (IRR) Mid-Year Commercial Real Estate Report issued this week.

While IRR reports that multifamily assets traded at record highs as most U.S. residential markets rocketed through Q1, single-family home volume and values "will surely affect forward rental rate forecasts negatively," the firm said.

Urban Markets to See Return to Balance

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.