-Came across some actual good news that seems to contradict some of the other things that have been reported, either that or its a case of depending on how you read data you can get many different answers, idk.
Apartment construction surges nationwide
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“U.S. apartment construction is expected to hit a historic high of more than 500,000 new units this year, a
new study from RentCafe found.
The influx represents a 9% increase compared to last year and a 30% jump from 2022.
Boston ranked No. 19 among major metro areas, with more than 8,000 apartments expected to be completed in 2024.
The study projects that nationwide, more than 2 million new apartments will hit the market by 2028. The rate of apartment building, though, is expected to dip from 2025 through 2027…..”
https://bostonagentmagazine.com/2024/08/15/apartment-construction-surges-nationwide/