Jacksonville Q3 2024 Multifamily Market Report

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Jacksonville is on pace for a record year in both new deliveries and absorption. Accordingly, market fundamentals vary widely by submarket, but with new deliveries slated for a 65% decline in 2025, growth prospects are improving. Coupled with stabilizing capital and insurance markets, investors are preparing for cap rate compression and increased transaction volume.

 

Jacksonville Multifamily Market Report

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