No Bubble In Multifamily Values, According to Freddie Mac

Renter household formation has outpaced owner household growth during the past few years, spurring a huge increase in multifamily property sales and new construction.

Despite the boom in multifamily sales and development, Freddie Mac’s latest Economic and Housing Market Outlook found that residential property values “remain consistent with fundamental economic forces in the housing market,” and that the rate of appreciation for multifamily property values moderated over the past year.