Multifamily construction reaching a half-century high in 2022

The US is on pace to construct over 400,000 new multifamily units in 2022, the most built in any year since 1972. New York, Dallas, Miami, Austin, Texas, and Houston, are among the cities with the most multifamily construction activity through September. Multifamily, of course, reflects ongoing rental demand, which ties into larger trends within the residential real estate brokerage industry, including the growing presence of single-family investors. Learn more about how these connect in the chapter “Analyzing the Increasing Presence of Single-Family Home Investors,” in the upcoming 2023 Swanepoel Trends Report.