Climbing Prices and Mortgage Rates Dampen Virginia’s Spring Housing Market
April 25, 2024 - Robin Spensieri
Welcome Virginia REALTORS®
Conditions in Virginia’s multifamily market remain solid, but the pace of growth has slowed. Net absorption continues to be positive, and rents are tracking upward, but not near the rate of growth experienced a year ago. Vacancy rates are inching up as new supply continues to come online. Read the full report.
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