The pandemic-induced “great migration” fuelled rapid growth for apartment rents and house prices in southern metros. But a huge supply response in many of those apartment markets threatens to unwind recent rent gains, while for those single-family markets, there’s fears that the recent surge in prices has put housing out of reach for those looking to buy.
So will boom turn to bust or is there enough growth to keep the wheels turning? And where are investors likely to find the best value and returns over this year and next?
Drawing on recent analysis from our US Commercial Property and US Housing coverage, our property economists recently held an online briefing all about the outlook for the residential sector in metro markets.
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