Rent Prices Are About to Shift | 2025 Rent Growth Forecast

"next year in 2025 that's going to drop to 337,000 that is a 49% drop in deliveries"

"CoStar who's sort of a data specialist in multifamilies they expect vacancies to peak in the beginning of 2025 before slowly declining back to more long-term averages"

"we'll still have over Supply in the beginning of the year and then we'll have a more normal balanced sort of uh rental market in the second half of 2025"

"I'd probably say 2 to 4% if I had to give my range"

"I think we'll probably see it outpa inflation from I'd say let's call it 4 to 6% nationally in the next year"

"the next couple of years are forecasted for a lack of supply"

"in 2024 there's supposed to be 657,000 new units hitting the market next year in 2025 that's going to drop to 337,000 that is a 49% drop in deliveries"

"you can expect to see vacancies start to go down in fact when you look at CoStar who's sort of a data specialist in multifamilies they expect vacancies to peak in the beginning of 2025 before slowly declining back to more long-term averages"

"for 2025 I think we're going to start to see this pendulum start to shift back in the other direction whereas for the last two or three years straight we've seen over Supply this year we're probably going to see something like balance right we'll still have over Supply in the beginning of the year and then we'll have a more normal balanced sort of uh rental market in the second half of 2025"

"co-star predicts about 3 and a half% multif family rent growth in 2025 I think that's in the right range maybe a little high I'd probably say 2 to 4% if I had to give my range but I think it's pretty darn close given the information that we have right now"

"I think we'll probably see it outpa inflation from I'd say let's call it 4 to 6% nationally in the next year again I don't think this is a big change it's mostly a continuation of what we've seen this year"