Wednesday, August 23, 2023

RentCafe: America’s Apartment Boom: 1 Million Units Built in 3 Years, Another Million to Be Added By 2025

RentCafe reports that apartment construction is having some of its biggest boom years ever. The construction cycle is expected to slow significantly after 2025 due to construction loan rates, currently averaging 8%. 

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Location: Portland, Ore. United States

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