"The pace of apartment construction has slowed as record numbers of units have been delivered over the past 12 months and rent growth has slowed," says Bright MLS chief economist Lisa Sturtevant.
"This fall may be particularly advantageous for buyers following the strong new construction activity of August, offering even more opportunities to purchase a new build amid an improving borrowing environment," says Realtor.com® Senior Economist Joel Berner.
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