With both private housing and multi-story apartment buildings reaching record levels in development, rentals and sales since the 2011 end of the Great Recession, it’s questionable as to whether these red-hot levels can be maintained.
While 2016 turned out to be a banner year in most aspects of real estate — residential and commercial building, primarily — it’s doubtful this pace can be maintained during the current year.
With both private housing and multi-story apartment buildings reaching record levels in development, rentals and sales since the 2011 end of the Great Recession, it’s questionable as to whether these red-hot levels can be maintained. Interestingly, there have been no problems raising relevant investment funds or securing double digit rentals, especially in the major cities. This torrid pace is unlikely to be maintained.