Q4 2023 Multifamily Report

Q4 2023 Virginia Office Market Report

Newly delivered multifamily units continue to increase the rental housing supply in Virginia. However, as more of the new projects are completed, there are not as many entering the construction pipeline after them. Multifamily building permit activity has slowed down around the state, and vacancy rates have inched up, which reflects the influx of supply.  Read the full report.