In this episode of Multifamily Masterclass, host Bart Diehl is joined by Heidi Butler and Jamison Manwaring to break down the latest trends in multifamily supply and demand.

We analyze market absorption rates, the impact of rising interest rates on rental demand, and why affordable housing remains a critical issue in Arizona.

Looking ahead to 2025, we discuss how the new administration’s economic policies—especially interest rate shifts—will influence multifamily investments and development. With a sharp decline in new supply and steady rent growth on the horizon, we explore why now could be a prime moment for multifamily owners.