CBRE Report: Shifts in Housing Preferences Signal BTR Opportunity
The Build-to-Rent sector continues to thrive, driven by favorable market conditions, including lower resident turnover and people migrating toward more suburban living. According to Multi-Housing news, the latest CBRE Build-to-Rent report shows that BTR rents grew by 6.6% in Q4 2022, with vacancy rates remaining tight at 4.8%.
This stability has provided investors with significant pricing power, as average rents in the sector reached $2,100 during the same period, outperforming traditional multifamily sectors.
