The red-hot single-family sector rapidly cooled as the Federal Reserve stepped up its fight against inflation. Surging mortgage rates amid sky-high home prices are making purchases unaffordable for a substantial share of American households. As the millennial generation continues expanding their households, this will have positive ramifications for the multifamily sector in the coming years and decades.
Our Special Report outlines the single-family market trends that have been in force during the pandemic, examines the relative affordability gap between owning a home and renting an apartment, and provides insights into generational housing demand trends that are likely to play out.
Click here to view our Special Report.