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SPONSORED: Greystar – European housing vacancy expected to decline further in 2024
JANUARY 2, 2024

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SPONSORED: Greystar – European housing vacancy expected to decline further in 2024

by Jennifer Babcock

The imbalance between demand and supply for housing in Europe’s major cities will continue to grow, driving up pricing and causing more households to remain in or seek rental housing, according to a report titled, “What does the future hold for European residential?” by Nigel Allsopp, senior director of investment strategy and research, Greystar Europe, which was published in the January 2024 issue of Institutional Real Estate Europe. “We expect housing supply in Europe to contract a further 10 percent by 2028 compared with the past five years, signalling a prolongment of the enduring supply and demand imbalance across the continent,” says Allsopp. To access a pdf of the Sponsored Section and read more about the underlying drivers of this dynamic, click here.

 

 

 

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