Increase in build-for-rent won’t derail SF rent growth

Surging demand for single-family homes has revived institutional investor interest in the single-family rental (SFR) market. With few homes available to buy, interest in build-for-rent (BFR) investment is growing. But given constraints in the home building sector and the small share of the market that institutional investors occupy, the impact on supply from the recent uptick in BFR development will be small. As a result, we expect market conditions to remain tight, supporting rental growth in the next year. Due to wider interest, this US Housing Update is also being sent to clients of our US Commercial Property Service