Multifamily Investment Surges 33% as Vacancy Rates Drop Nationwide
Published Friday, May 16, 2025 11:00 am
by Philippa Maister

This is a summary

"A new report from CBRE points to signs of a rebalancing of supply and demand in the multifamily sector, leading to improved net absorption, lower vacancy, and rising rents in the first quarter of 2025.

Investors took notice, pushing up the volume of multifamily investment by 33% year-over-year to $28.8 billion, the highest 1Q total since 2022. Indeed, the sector accounted for the largest share of total CRE investment volume in the quarter, rising 33% year-over-year. With demand growing faster than new deliveries, the overall vacancy rate fell to 4.8%. Net absorption shot up by 77% to 100,600 units in 1Q 2024 – the highest quarterly since 2000, as rents rose by 0.9%."

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Multifamily Investment Surges 33% as Vacancy Rates Drop Nationwide | Globest

Image credit to Brandon Griggs on Unsplash

Multifamily Investment Surges 33% as Vacancy Rates Drop Nationwide | Globest

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