2. Ivan Kaufman’s Real Estate Market Overview
• The increasing delivery of new multifamily supply is concerning.
• There are more than 500,000 multifamily units coming online,
which hasn’t been seen in decades.
• Combined with concerns of an increase in homeownership and
wage growth, you could have a perfect storm of a correction in the
multifamily market.
Key Takeaways –
Multifamily Construction
3. Ivan Kaufman’s Real Estate Market Overview
U.S. Recession
0.0
180.0
360.0
540.0
720.0
900.0
1970 1975 1980 1985 1990 1995 2000 2005 2010 2015
Under Construction (Units)
Source: Arbor, U.S. Census Bureau
Multifamily Housing Units Under Construction at Year-End
United States , Not Seasonally Adjusted, Units in Buildings with 5 Units or More, Thousands