Research

Dallas-Fort Worth multifamily fundamentals improved in the first quarter, with net absorption of nearly 8,500 units outpacing new deliveries.

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Kansas City multifamily development accelerated in the first quarter, with 6,900 units currently under construction.

Philadelphia multifamily investment activity carried its 2025 momentum into the new year, with Q1 transactions above the same period last year.

San Antonio multifamily construction continued to slow in Q1 2026, with full-year apartment deliveries expected to fall 63% from 2025 levels.

Orlando multifamily development continued to cool in the first quarter of 2026, with units under construction down 20% year over year.

St. Louis’ multifamily investment activity in the first quarter nearly doubled from the same period in 2025.

The national manufactured housing sector posted rising investment activity in the first quarter of 2026, with transactions rising 26% year over year.

Southern California multifamily investment activity increased in the first quarter, outpacing the same period last year by 35%.

Central Valley multifamily rents continued to rise in the first quarter, led by strong quarterly growth for Class A properties.

Las Vegas multifamily deliveries fell roughly 40% in the first quarter compared with the same period last year.

Inflation accelerates and consumer finances weaken as AI investment supports a two-speed U.S. economy and the Fed turns hawkish.