Report predicts multi-family segment hasn’t run out of steam

According to the American Institute for Economic Research, “With the spring home-building season approaching, we expect the multi-family segment to be the strongest part of the housing market.”

Economic principles would suggest that as the tight rental market drives rents higher, more people will choose to move back to the home-buying market, where similar monthly outlays could buy them equity as well as a place to live. However, this process is likely to take a while. In the meantime, with vacancy rates low and rents rising, multi-family construction is likely to remain an important driver of growth in the housing market.
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