July 2026 - Real Estate Market Update

Send us Fan Mail We break down the July 2026 multifamily market update using CoStar and Apartments.com data, with a clear takeaway: the market stabilizes while operators still fight for real revenue. We walk through what elevated vacancy, widespread concessions, and weak rent growth mean for underwriting and day-to-day operations. • supply wave slowing after the 2024 delivery peak • vacancy staying above 8% as absorption cools • concessions becoming common and masking true economic rent • tr...