Multifamily

Raleigh-Durham's 2025 multifamily market sees 7.7% vacancy and 19.4k units absorbed. Sales focus on new builds as the supply pipeline contracts.

St. Louis's 2025 multifamily market sees 6% vacancy and rising rents. Robust absorption meets new supply, as pricing jumps 50% on key sales.

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Chicago's multifamily market sees decade-low supply and absorption. Vacancy is stable as Class A/B pricing rises, led by Downtown sales.

Charlotte's 2025 multifamily market sees 8.2% vacancy and lower rents amid high deliveries. Sales shift to newer assets as the pipeline contracts.

Tucson's 2025 multifamily market sees 8.8% vacancy and lower rents. A Q3 sales surge meets softer pricing as absorption trails new deliveries.

Phoenix's 2025 multifamily market sees high absorption meet new supply, with 7.2% vacancy. Rents are down as sales shift to older properties.

San Diego's 2025 multifamily market sees steady demand and lower vacancy despite high deliveries. Rents dip slightly, while sales remain active.

Boston's 2025 multifamily market is balanced with 4.4% vacancy and strong absorption, despite high deliveries. See the full market analysis.

Philadelphia's 2025 multifamily market sees strong demand from job growth, falling vacancy and surging sales amid an elevated supply pipeline.

Nashville's 2025 multifamily market sees easing supply and 8% vacancy. Rent growth returns and investment stabilizes with mid-5% cap rates.