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Denver’s multifamily market has turned a corner, but recovery will be slow

What CoStar’s in-market analytics team is hearing from industry players in Denver
More than 15,000 units have been added to the Denver market in the past year, including the 196-unit Wilder in West Denver. (CoStar)
More than 15,000 units have been added to the Denver market in the past year, including the 196-unit Wilder in West Denver. (CoStar)
CoStar Analytics
June 30, 2025 | 3:33 P.M.

Denver’s multifamily construction wave continues to pummel the market. Vacancies remain near record highs, dragging down rent growth as landlords face increased competition for renters.

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