COMMERCIAL REAL ESTATE'S ECONOMIC ADVISORS

Despite the job market's relative underperformance, futures markets indicate a low likelihood of a January rate cut.

Over the past two decades, the New York City metro rental market hasn’t just grown — it has aged. Beneath the headline narratives about rent growth and post-pandemic volatility, a quieter structural shift has been unfolding: nearly all net growth in rental households has come from renters over the age of 35, while the number of under-35 renters has barely changed.

This week’s Rental Housing Weekly Briefing covers multifamily CMBS delinquency trends, national home price dynamics, and key macro and housing data to watch in the week ahead.