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Market Spotlight: Navigating the Supply Surge in Palm Bay-Melbourne-Titusville
This week the Radius+ team dug into the Palm Bay-Melbourne-Titusville, FL CBSA Historical Supply Growth in Palm Bay-Melbourne-Titusville, FL: 2022: 1.5% 2023: 3% 2024: 12.5% 2025: 3% Palm Bay saw more than 12% new supply delivered in 2024, creating significant downward pressure on rental rates. Strong employment…
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