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2021 U.S. Economic Outlook & Multi-Suite Residential Rental
Market Fundamentals
METROPOLITAN
METROPOLITAN OUTLOOK
The U.S. multi-suite residential rental market demand reached a record high level during the first half of 2021, which drove vacancy down to a 20-year low and pushed rents higher across the country.
![image](/wp-content/uploads/2021/10/us-economic-outlook-city-illustration-sm.jpg)
NATIONAL
![us-economic-outlook-city-illustration-lrg](/wp-content/uploads/2021/10/us-economic-outlook-city-illustration-lrg.jpg)
NATIONAL OUTLOOK
The U.S. economy continued to bounce back from the unprecedented pandemic-driven recession in 2021. Gross Domestic Product (GDP) was forecast to expand by roughly 7.0% this year.
![us-economic-outlook](/wp-content/uploads/2021/10/us-economic-outlook-GDP.png)