Survey: Multifamily Execs See Continued Market Growth

Headquartered in McLean, VA, Freddie Mac says improving energy efficiency is seen as a priority for multifamily industry participants.

McLEAN, VA—Most multifamily industry participants believe the rental housing market will continue to grow, fueled by increasing demand and a growing population, according to a survey conducted by Freddie Mac. Conversely, though, a plurality of participants are less optimistic about the outlook for affordable housing by comparison to a year ago.

The Freddie Mac survey, which the GSE commissioned in partnership with Hanley Wood, found that 60% of industry participants anticipate the multifamily housing market will grow over the next three to five years, compared to 15% who see it slowing down. Of those who believe the industry will grow, nearly one-third cite supply and demand as the driver for this continued growth, while another 17% cite population growth.