Making Heads Or Tails Of The U.S. Multifamily Sector

GDP growth┬ácame in at 2.3% for the year in 2017, and a whopping 4.2% in Q2 2018. Consumers are buying confidently provided that tax cuts will improve yearly income even despite stagnant wage growth. Sharestates multifamily clients are anticipating that U.S. rent growth should maintain its current pace, largely thanks to cities in the South and West, where supply hasn’t outpaced demand.

Multi-family real estate is a staple in the real estate investment community. According to Sharestates CEO and Principal Allen Shayanfekr, “Despite moderating elements, because the economy is healthy, the apartment market is similarly healthy, even if the boom from earlier in this economic cycle has tapered off. ” He goes on to say “Our multifamily clients are anticipating that U.S. rent growth should maintain its current pace, largely thanks to cities in the South and West, where supply hasn’t outpaced demand.”

Read Allen’s full article in Forbes today by clicking the button below.