Multifamily Vacancies Haven’t Been This Low Since 2000

HousingWire, Nov. 5, 2019–Julia Falcon
In the third quarter, multifamily vacancy fell to 3.6%, down 40 basis points from 2018, to the lowest level since 2000, according to a report from CBRE. The Mortgage Bankers Association expects 2020 to be another booming year for multifamily.