The apartment sector is projected to lead the housing market on the road to recovery, but growth in the multifamily sector will be highly uneven, industry experts said last week in Orlando.

For one thing, the net gain in purely rental units will be minimal, given the demand, apartment professionals said at the National Association of Home Builders' (NAHB) annual convention. For another, production is highly concentrated. And for a third thing, the units being built do not match the needs of newly formed rental households.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.