Self Storage National Outlook - Spring 2025, Mar 6, 2025 at 10AM PDT
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2024 Self Storage Outlook Faces Headwinds
Storage performance slipped in 2023, and there are few signs that market conditions are picking up going into the busier spring leasing season. However, a turnaround in the housing market later this year or early in 2025—contingent on interest rate cuts—could unlock pent-up demand for housing and migration, thus fueling demand for self storage.
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