Developers obtained permits to build 12.4 multifamily housing units for every 10,000 people in during 2024, according to a new data report from Redfin (NASDAQ: RDFN). Last year’s figures marked a 27.1% decline from 17 units per 10,000 people during the pandemic-era...
The trend of declining rents could be reversed due to low multifamily permitting in the nation’s top 50 metros, according to a data analysis from Realtor.com. Within the top 50 metros, 294,000 multifamily units were permitted in 2024, which Realtor.com said was below...
Zillow Cuts Its Late-2026 Home Sales Outlook as Rents Accelerate
