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With home ownership remaining an unattainable goal for many, rental property construction is up as more people are renting rather than buying. And with this increase comes opportunity for producers schooled in the process of insuring these units.

Multifamily apartment starts rose 55% in June year-over-year, according to the U.S. Census, and the supply of apartment units remains far lower than demand. Apartment occupancy, meanwhile, hit a near-record high of 95.2%.

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