• Wed. Apr 24th, 2024

Orlando Apartment Vacancy Expected To Hit Highest Point Since 2009 Amid Record Construction

Bynewsmagzines

Jun 20, 2023
Orlando Apartment Vacancy Expected To Hit Highest Point Since 2009 Amid Record Construction

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Orlando’s multifamily market continues to expand rapidly, with the area’s current construction pipeline accounting for about one out of every 50 new units underway in the nation. However, substantial economic headwinds are affecting renter demand more now than at any other point in the past decade, and those headwinds have already pushed rent growth slightly negative as of June.

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