Trends show we're nearing the end of the long-running apartment boom.
Urban populations, including downsizing boomers, are growing.
New York and Chicago have always been home to the highest level of high-rise condominium development in the United States. Their success is due to the buildings' close proximity to work, shopping, and restaurants. Miami and Honolulu also have been successful with this product type, because high-rises enable people to enjoy ocean views or beachfront living.