Housing market grows
Posted 8/26/21
Metro area multi-family housing growth is modest in the metro area over the last year, Colliers International reported.
• 477 units were completed
• 319 more will ready in 2022
• …
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Housing market grows
Posted
Metro area multi-family housing growth is modest in the metro area over the last year, Colliers International reported.
• 477 units were completed
• 319 more will ready in 2022
• Rental rates continue to increase.
• Annual inventory growth averaged 1.3% over the past 5 years.
Due to affordable single-tenant housing, growth is expected to be slower this year.
Rental rates have increased over 10% in the last year and will increase with demand.
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