Avison Young：2025年第二季度美国多户住宅市场报告（英文版）

As construction activity has begun to slow, absorption levels are now on pace to surpass 2024 levels. Increased demand, coupled with slowed construction activity, has resulted in asking rent growth, increasing by 1.8% over the last two quarters. Major markets such as San Francisco, Manhattan, Chicago, and Silicon Valley have seen rents increase by 3% over the last 12 months. Seattle and Phoenix led the U.S. for investment sales volume in Q2 2025, with over $1 billion of capital flowing into e