Apartment Construction Surge: Over 500K Units to Reshape the Rental Market in 2025
September 15, 2025
The U.S. multifamily market is experiencing an unprecedented wave of new supply. With over half a million new apartment units forecast for completion in 2025, the housing landscape is being fundamentally reshaped, creating both challenges and opportunities for investors. While this surge is a national phenomenon, it is overwhelmingly concentrated in one region, setting up a fascinating dynamic for rental prices and occupancy rates in the year ahead.