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Yardi Matrix Anticipates Slowdown in New Multifamily Construction in 2024

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Courtesy of Tolu Olubode
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Multifamily construction starts expected to continue to moderate this yearSANTA BARBARA, Calif., Feb. 7, 2024 – Multifamily construction starts declined in 2023, but exceeded expectations considering the turmoil in the financial markets. A new report on multifamily construction starts from Yardi® Matrix reports that the number of units that broke ground in 2023 ranks third in recent […]

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