Multifamily Market Commentary
Growing Mismatch Between Multifamily Supply and Renter Needs
February 18, 2020
Over the past few years, deliveries of new multifamily supply have consisted primarily of more expensive Class A units, leading to a growing mismatch between the needs of many working renter households and the stock of apartments available to rent. The mismatch has been exacerbated by increased demand for apartments even as the number of single-family homes rented has declined.