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2023 U.S. Economic Outlook & Multi-suite Residential Rental Market Fundamentals

mid-year update

2023 U.S. ECONOMIC OUTLOOK

AND MULTI-SUITE
RESIDENTIAL RENTAL
MARKET FUNDAMENTALS
4TH ANNUAL EDITION

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2023-MidYear-US-Economic-Outlook-Website-Cover

NATIONAL OUTLOOK

INVESTMENT ACTIVITY GEARING DOWN DRIVING TRANSFORMATIVE CHANGE

Property value adjustments are anticipated. Downward pressure on rents likely to occur as capitalization rates rise.

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NATIONAL

NATIONAL ECONOMIC PULSE

METROPOLITAN OUTLOOK

RENTAL DEMAND PATTERNS WILL MODERATE

Rental inventory is projected to increase modestly in 2023 due to peaks in new supply.

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METROPOLITAN

NATIONAL OUTLOOK

INVESTMENT ACTIVITY TO GAIN TRACTION

Buyers will be more active as interest rates level off in the medium-to-long term.

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NATIONAL

NATIONAL ECONOMIC PULSE

FORECASTS AND ANALYSIS

Discover the latest national and regional performance trends, forecasts and analysis in Morguard’s 2023 U.S. Economic Outlook report.
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