The U.S. multifamily market remains steady, with the average advertised monthly rent for apartments at $1,755 in March, a $5 increase from February. Rents rose 0.4% in the first quarter, with only six of the top 30 metropolitan areas experiencing declines. Notable rent growth occurred in Chicago and Kansas City, both up 3.7% year-over-year. National occupancy rates for multifamily units are stable at...
Market Stability
South Florida's housing market had mixed results in January 2025, with two counties declining and one increasing. Miami-Dade County saw ↓ 45.7% in home sales, from 748 in January 2024 to 406 in 2025....
Home prices can drop in 2025 due to oversimplified market mechanisms. Fannie Mae's survey anticipates a slower housing market in 2024 and 2025, with growth rates of 2.4% and 2.7%, respectively....
Commercial property prices ↓ 3.9% yearly, < historical avg. The Fed warns of instability due to ↑ vacancies and slowing rent growth, posing significant risk. 3 in 4 analysts cite Real Estate as top risk, tied with inflation, linked to remote work and ↑ borrowing costs....