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Multifamily Housing Shows Strong Growth, Leading To Bubble Fears

Saturday, March 11, 2017 5:17
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(Before It's News)

from the St Louis Fed

– this post authored by Charles S. Gascon and Joseph McGillicuddy

The commercial real estate industry has experienced robust growth since the end of the Great Recession (2007-09). Property prices have grown steadily and are now at their pre-recession peak in real terms, on pace to surpass historical highs. Similarly, vacancy rates have declined consistently over the same period. The multifamily vacancy rate is at a 30-year low.

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