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Affordable housing impacts multifamily new construction Affordable and partially affordable properties are comprising an increasingly larger share of the overall new-supply mix and supporting new development activity. Annual completions for market-rate apartments will decline to pre-pandemic levels by 2028. Conversely, affordable and partially affordable new supply will remain near the highs reached in 2024.
Affordable and partially affordable properties are comprising an increasingly larger share of the overall new-supply mix and supporting new development activity. Annual completions for market-rate apartments will decline to pre-pandemic levels by 2028. Conversely, affordable and partially affordable new supply will remain near the highs reached in 2024.
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