News & Knowledge
mid-year update
2023 U.S. ECONOMIC OUTLOOK
AND MULTI-SUITE
RESIDENTIAL RENTAL
MARKET FUNDAMENTALS
4TH ANNUAL EDITION
NATIONAL OUTLOOK
INVESTMENT ACTIVITY GEARING DOWN DRIVING TRANSFORMATIVE CHANGE
Property value adjustments are anticipated. Downward pressure on rents likely to occur as capitalization rates rise.
NATIONAL
METROPOLITAN OUTLOOK
RENTAL DEMAND PATTERNS WILL MODERATE
Rental inventory is projected to increase modestly in 2023 due to peaks in new supply.
METROPOLITAN
NATIONAL OUTLOOK
INVESTMENT ACTIVITY TO GAIN TRACTION
Buyers will be more active as interest rates level off in the medium-to-long term.
