New Apartment Construction to Reach Historic High of Half Million in 2024, Two Million Rentals to Open by 2028

RentCafe rental blog

The U.S. is poised to reach new heights in apartment construction for the third year in a row, with 2024 expected to set a new record: By the end of the year, developers are on track to complete a staggering 518,108 rental units, marking a 9% increase compared to 2023 and a staggering 30% rise…

The post New Apartment Construction to Reach Historic High of Half Million in 2024, Two Million Rentals to Open by 2028 appeared first on RentCafe rental blog.

August 07, 2024 at 03:00PM

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