COMMERCIAL REAL ESTATE'S ECONOMIC ADVISORS

US multifamily rent growth accelerated to 2.4% year-over-year in September 2026. Monthly gains remained above a 4% annualized pace, but easing momentum and narrowing market participation point to a more measured recovery.

This week’s Rental Housing Weekly Briefing examines persistent operating-cost pressure across rental housing, a growing affordable share of the apartment development pipeline, and how the September inflation report shifted interest-rate expectations and the capital-market outlook.