Freddie Mac Multifamily’s 2024 Midyear Outlook Forecasts Low Rent Growth Amid High-Supply Headwinds

July 23, 2024

MCLEAN, Va., July 23, 2024 (GLOBE NEWSWIRE) — Freddie Mac’s (OTCQB:FMCC) newly released 2024 Midyear Outlook forecasts multifamily performance to remain muted for the remainder of the year as the market works through a historically high supply of new units. The Midyear Outlook notes strong demand but forecasts below-average rent growth and a modest increase in vacancy rates through 2024.

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