CoStar has revised its outlook for the U.S. multifamily sector's performance, with rent growth expectations lowered and vacancy projected to decline more gradually than previously forecast.
National multifamily forecast adjusted lower despite expected drawdown of oversupply
Rent growth expectations revised as new supply expected to outpace occupancy gains until late 2025
CoStar Analytics
November 4, 2025 | 8:36 P.M.
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