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Elevated construction pipeline will test multifamily market in Knoxville, Tennessee

About 1,800 units expected to be completed in the second half of the year
CoStar Analytics
July 9, 2026 | 5:11 P.M.

About 1,800 multifamily units will be completed in the Knoxville, Tennessee, market before the end of the year. The increase in new units will likely raise the vacancy rate to its highest level in at least a decade.

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