Nationwide Construction Boom Expected to Remain High Until 2025

September 12, 2023 Demetria Lester

While millions of units are expected to be developed in the coming years, developers are expected to open 460,860 rentals by the end of December. However, a new RentCafe study revealed even that may not be enough to keep up the pace with surging nationwide rental demand as more and more Americans opt for renting over buying.

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Nationwide Construction Boom Expected to Remain High Until 2025
Nationwide Construction Boom Expected to Remain High Until 2025

While millions of units are expected to be developed in the coming years, developers are expected to open 4...