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A soft landing for multifamily in 2023 As we start 2023, multifamily faces numerous challenges, including the softening economy, slowing migration, issues with affordability, pricing uncertainty and higher mortgage rates that could produce an uptick in defaults. Nonetheless, Yardi Matrix expects that apartment demand will remain strong and the outlook is generally positive.
As we start 2023, multifamily faces numerous challenges, including the softening economy, slowing migration, issues with affordability, pricing uncertainty and higher mortgage rates that could produce an uptick in defaults. Nonetheless, Yardi Matrix expects that apartment demand will remain strong and the outlook is generally positive.
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