Transcript
Multifamily Construction & Supplyby Ivan Kaufman
ARBOR.COM • 1.800.ARBOR.10
Ivan Kaufman’s Real Estate Market Overview
• The increasing delivery of new multifamily supply is concerning.
• There are more than 500,000 multifamily units coming online, which hasn’t been seen in decades.
• Combined with concerns of an increase in homeownership and wage growth, you could have a perfect storm of a correction in the multifamily market.
Key Takeaways – Multifamily Construction
Ivan Kaufman’s Real Estate Market Overview
U.S. Recession
0.0
180.0
360.0
540.0
720.0
900.0
Under Construction (Units)
Source: Arbor, U.S. Census Bureau
Multifamily Housing Units Under Construction at Year-EndUnited States , Not Seasonally Adjusted, Units in Buildings with 5 Units or More, Thousands
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