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The Multifamily Construction Wave Isn’t Over in Colorado Springs

Vacancy Has More Than Doubled in the Past Two Years
CoStar Analytics
March 18, 2024 | 4:08 P.M.

The next few years could be a bumpy ride for Colorado Springs’ multifamily market as another surge in completed units is scheduled to hit Colorado's second-largest city. This comes on the heels of a record 3,300 units added in 2023, which sent vacancies soaring, CoStar data shows.

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