Demand dips for higher-tier multifamily properties so far this year in Stamford

The multifamily market in Stamford, Connecticut, has had a strong run over the past five years, with a vigorous schedule of unit completions and robust demand. Performance in the four-and-five-star quality segment has been especially notable: 2023-24 saw nearly 3,000 unit completions, and 2024 saw four consecutive quarters with absorption above the 10-year quarterly average of about 300 units.