Multifamily

Pittsburgh's multifamily market sees 4.5% vacancy and 3.8% rent growth. Prices hit $67.9k/unit as permitting activity reaches new highs.

Denver's multifamily market sees strong absorption and stabilizing rents. Pricing is at $281.4k/unit as the pipeline hits a 5-year low.

Atlanta's multifamily market has 5.9% vacancy and a median price of $189.5k/unit. Sales of newer assets are gaining momentum.

The Midwest multifamily market sees pricing up 33% to $186.4k/unit in Q3 2025. Minneapolis leads rent growth as deliveries fall 20% from last year.

Central Valley's multifamily market sees rising rents and 2.2k YTD deliveries. Madera leads as sales of older assets hit $147.8k per unit.

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Inland Empire's multifamily market sees 5%+ vacancy and rents near $2,000. Selective sales top $340k/unit as supply and demand rebalance.

Minneapolis-St. Paul's multifamily market sees 4.3% vacancy and rents over $1,600. Sales rebound as cap rates hold near 5-5.5%.

Las Vegas's multifamily market sees $1B+ in sales (+20% YoY) amid rising vacancy. Rents soften as the construction pipeline shrinks.

Dallas-Fort Worth's 2025 multifamily market sees strong absorption and a shrinking pipeline. Rents are steady as sales remain active for all vintages.

Kansas City's multifamily market sees a 5-year high in sales and a 20% rise in deliveries, with cap rates near 5.5%. Read the full report for more.

Phoenix's 2025 build-to-rent market has a 30k-unit inventory and 9.7% vacancy. Sales are active as rents run approximately $440 above apartments.