In the 2016 report, “Detroit Inclusionary Housing Plan and Market Study” prepared for the City of Detroit Housing and Revitalization Department (HRD) HR&A Advisors, Grounded Solutions Network, and Capital Impact Partners found that Detroit remains a single-family home market based on overall stock.
However, there is significant multifamily housing stock with over 125,000 units concentrated in Greater Downtown. Greater Downtown is a renter market, but has seen positive growth and a reduction in vacancy rates, down 11% between 2005 and 2015.