Multifamily Industry Sees Continued Market Growth, Increased Affordability Challenges

September 6, 2017                         By: Christopher Spina - Freddie Mac

Freddie Mac Releases New Survey of Industry Participants

MCLEAN, VA--(Marketwired - Sep 6, 2017) - According to a new survey commissioned by Freddie Mac (OTCQB: FMCC), a significant majority of the multifamily industry believes the rental housing market will continue to grow, fueled by increasing demand and a growing population. At the same time, however, a plurality of participants is less optimistic about the outlook for affordable housing as compared to just one year ago.

Commissioned by Freddie Mac in partnership with the real estate media and intelligence firm Hanley Wood, the survey gauged the attitudes of industry participants in sectors such as property development; building and construction; property management; lending, financing and investing; and government and trade associations.

Specifically, the survey found that 60 percent of industry participants anticipate the multifamily housing market will grow over the next 3-5 years, while only about 15 percent see it slowing down. Of those who believe the industry will grow, nearly one-third cite supply and demand as the justification for this continued growth, while another 17 percent cite population growth...................Read More