Matrix Bulletin-Multifamily Forecast-December 2024 December 19, 2024

Large Influx of Supply to Continue Hampering Sunbelt Markets; Secondary Markets Poised for Growth

A slowing economy and uncertain policy environment will create headwinds for the multifamily industry in the near and medium term. However, stagnant rents in large sunbelt markets will be buoyed by continuing robust growth in secondary markets.