Metro New Orleans Multi-Family Market Remains Balanced 20 Years Post-Katrina
August 29, 2005 — a day no New Orleanian will forget: Hurricane Katrina.
It has been two decades since the levees were breached and fl ood waters took over the city’s streets, homes and businesses. It was an event that changed the trajectory of the city of New Orleans.
Twenty years later and the resiliency of New Orleans to always push on is evidenced by the stability of our multifamily market. Through a period of demolition, renovation and rebuilding, the overall market remains stable.