Vibe Shift Incoming for Multifamily and the Economy?

Consumer sentiment is shifting as inflation expectations stabilize and more consumers expect lower interest rates in the next 12 months, but after such a long period of economic uncertainty, confidence in the economy is more difficult to find. In the multifamily market, regional differences in apartment supply continue to impact rent growth, but investment activity is poised to increase across all CRE sectors as the Fed continues the current rate cut trajectory.