Multifamily Reports
Apartment Update®
Q3 2024 National Multifamily Report
Download our latest national report or download a local market report below.
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Berkadia Research compiles economic and market data to uncover insights and trends that arm commercial real estate investors with valuable insights to drive acquisition and disposition strategies and methods of financing.
Q3 2024 Multifamily Reports
Berkadia is excited to announce the official release of our National Multifamily Market Report Q3 2024 plus more than 70 individual market reports from across the country!
These market reports will provide you with valuable insights on the latest multifamily and demographic trends to help you better navigate the current economic landscape and set your strategy for the remainder of this year.
National Themes:
- 488,773 net units were absorbed in the last four quarters, more than four times the net total one year prior.
- 557,842 units were delivered for 2.8% annual inventory growth, accelerating from 2.0% expansion one year prior.
- At an average of $1,841 in Q3 2024, monthly effective rent advanced 0.9% YoY.
- U.S. employers added more than 203K jobs on average each month through Sept. 2024, equating to 1.6% annual growth.