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2024 Housing Market Assessment Released

Enough has changed since our 2022 release of the Housing Market Demand Assessment that GFDA commissioned a new, updated assessment. The 2024 Housing Demand Assessment was completed by the Concord Group, a national leader in housing studies.

The scope of work included an assessment of key housing trends and demand drivers (including employment and demographic trends) for the Great Falls MSA as well as for the broader 13-County region.

Based on the findings of those analyses, Concord Group:

  • Assessed the current housing market
  • Projected demand for rental and for-sale housing in the MSA over the next 10 years
  • Provided a menu of potential product types that would meet the forecasted demand across a range of income levels and housing preferences

View a summary of their findings or dive into the full report HERE.