Skip to main content

Small fall in apartment rents as recession bites

We expect a small fall in apartment rents next year, as stretched affordability and stagnant employment hit demand while completions surge. But as job growth recovers and the vacancy rate drops back, we expect rental growth will rise from -0.5% y/y at end-2023 to above 2% y/y by end-2025.

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to gain:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services

Get access