Publications

- October 1, 2016: Vol. 28, Number 9

To read this full article you need to be subscribed to Institutional Real Estate Americas

Multifamily market continues its resilience

by Jody Barhanovich

The multifamily property market has yet to see any softening in its popularity with investors and is continuing its strong performance, according to the second quarter 2016 Multifamily Investment Outlook from JLL.

Although the U.S. single-family housing market has seen gradual gains, the millennial demographic continues to support multifamily housing. Renter-occupied household formations have surpassed owner-occupied household formations in spite of the gradual gains in the United States housing market, according to the JLL report.

The leasing markets have remained tight in spite of sustained completions and moderating absorption. Completions increased 10 basis points, 1.9 percent of inventory, nationally in comparison to first quarter 2015.

 

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?

We respect your privacy! Please give consent for processing data as described in our Privacy Policy