According to new research from CBRE, the U.S. multifamily housing market is showing strong signs of recovery as robust demand outpaces new supply, driving vacancy rates lower and fueling investor confidence.
According to new data released by the National Association of Realtors, existing-home sales dipped again in April 2025, reflecting ongoing challenges in the U.S. housing market despite growing inventory and continued buyer interest.
CBRE's latest research highlights a strong recovery in the U.S. multifamily market during late 2024, fueled by declining vacancy rates and robust demand.
In 2024, existing U.S. home sales fell to their lowest annual level since 1995, with just 4.06 million homes sold on an annualized basis. This steep decline was driven by 23-year high mortgage rates, extreme home price inflation, restrictive government regulations, declining consumer sentiment and a shortage of housing inventory.