US multifamily housing market increases competitiveness

Recent research suggests that U.S. landlords experienced an increase in competitiveness, and global real estate investment and corporate activity were at their highest levels for a decade in the first months of 2018, according to a new report from Jones Lang LaSalle. JLL says that multifamily markets are in some part of the peaking phase. The increased competition among landlords in the U.S. multifamily market attributes to a carryover of elevated rate deliveries in 2018.

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Source: HousingWire