2022 Multifamily Market Outlook: Defying Gravity

The multifamily sector experienced an unexpected resurgence in demand in 2021 due to the combination of a factors, including an improving national economy, the advent of readily available vaccinations and boosters, pent-up demand, and favorable demographics. We expect a similar trend in 2022, with demand stabilization anticipated to commence starting in the latter part of the year. It is important to note that although the overall national trend is expected to remain above average for the year, multifamily fundamentals and trends are expected to vary by metro, submarket, and, in some cases, neighborhood.

Read the January 2022 Market Commentary