Trailing 12-month net completions of 13,200 units in Minneapolis' multifamily market represent an all-time high, nearly tripling the region's five-year pre-pandemic average. The 5% year-over-year total stock expansion ranks eighth-highest among the 52 markets nationally, with total stock of at least 75,000 units, the only Midwest market to rank inside the top 18.
Multifamily Supply Wave in Minneapolis Hits All-Time High, Among Highest Nationally
Construction Levels Set To Fall Sharply With Groundbreakings Hitting a Six-Year Low
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In