Multi-family State of the Industry 2022
Floor Covering News
FEBRUARY 17, 2022
“Last year was a record year for the multi-family industry with absorption of more than 600,000 units nationally and an average of 14%-plus effective rent growth,” said Brian Caress, CEO of Redi Carpet, one of the largest multi-family flooring providers in the country with 33 branches serving 25 states. million new apartment units by 2030.
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