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Multifamily Market Commentary

2021 Multifamily Market Mid-Year Outlook – Demand Improving

July 19, 2021
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Tim Komosa

Multifamily Economics and Market Research- Senior Manager

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Kim Betancourt

Economic and Strategic Research - Vice President

What a difference a year makes. National multifamily market fundamentals, which include factors such as vacancy rates and rents, were negatively impacted throughout much of 2020. Beginning at the end of 2020 and continuing through the first half of 2021, however, there has been a significant turnaround, with multifamily demand increasing quickly, leading to improving rent growth and occupancy levels.

Read the July 2021 Market Commentary