Jacksonville Q2 2025 Multifamily Market Report

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As expected, 2025 has been a transitional year for fundamentals in North Florida as the last stretch of the supply wave is delivered. With new deliveries shifting to record lows in the second half of 2025, owners should begin to see relief from the downward pressure on rents and occupancy. The long-term trends of in-migration and affordability remain intact and will serve as a tailwind for the beginning of the next cycle.

 

Jacksonville Multifamily Market Report

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