Multifamily Has Stabilized from COVID-era Exuberance Headed into 2024

The multifamily sector has stabilized in the near term, but its outlook will be affected by two disparate paths in front of the US economy: 1) a recession spurred by high interest rates and a decrease in consumer and government spending; or 2) a soft landing made possible by a strong consumer, on/near target inflation, and stable or slightly lower interest rates. In this multifamily outlook published in, Kingbird’s Chief Investment Officer Vincent DiSalvo shares more about how each scenario could unfold heading into 2024.

You can read Wealth Management’s full 2024 Market Outlook here.

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