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Benzinga
Benzinga
Business
Phil Hall

Sunbelt And Southwest Markets To Dominate 2022 Multifamily Housing Market: Report

Southwest Sunbelt Orlando Las Vegas

Orlando and Las Vegas will be the nation’s top apartment markets this year, according to the 2022 Multifamily National Investment Forecast published by Marcus & Millichap Inc (NYSE:MMI).

What Happened: In this year’s U.S. Multifamily Index – which ranks 46 major markets on a criteria mix including the local labor market, vacancies, construction and affordability – Orlando and Las Vegas placed first and second thanks to a high-level of job creation and household formation rates – which, the report predicted, will lead to higher rates of rent growth.

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