The multi-family market had a strong year in 2019. Growth is expected to remain healthy through 2020, but with higher levels of new supply coming online, rent growth is projected to moderate and vacancy rates are expected to increase slightly. Below are the top proposed investment markets for multi-family real estate in 2020 based on research from the leading real estate publications.

PWC Multi-Family Projected Top Investment Markets 2020

  1. Austin
  2. Raleigh/Durham, NC
  3. Nashville, TN
  4. Charlotte, NC
  5. Boston
  6. Dallas
  7. Orlando
  8. Atlanta
  9. Los Angeles
  10. Seattle

CBRE Multi-Family Projected Top Investment Markets 2020

  1. Boston
  2. Austin
  3. Atlanta
  4. Phoenix

Yardi 2020 Top Projected Rent Growth

  1. Las Vegas (7.3%)
  2. Phoenix (6.4%)
  3. Sacramento (5.9%)
  4. Seattle (6.4%)
  5. Boston (6.2%)
  6. Charlotte (6.0%)
  7. Raleigh (5.8%)
  8. Austin (5.4%)
  9. Nashville (5.4%)

Fannie Mae 2 Yr. Projected Job Growth %

  1. Orlando
  2. Austin (Tech)
  3. Dallas
  4. Houston
  5. Raleigh (Tech)
  6. Jacksonville
  7. Phoenix
  8. El Paso
  9. Las Vegas
  10. San Antonio