08/12/2024
According to RentCafe, the US apartment market is going to break records by delivering 518,000 new units this year! That would be a 30% increase from 2022 and enough units to house the entire population of Atlanta.
I think it's great to see so much development occurring throughout the country. Developments create jobs, provide residents with options, revitalize communities, and even make housing more affordable because.... supply and demand still exist out there...
This building boom isn't over yet. The US is expected to add 2 million new apartments by 2028!