COMMERCIAL REAL ESTATE'S ECONOMIC ADVISORS

This week’s Rental Housing Weekly Briefing examines trends in small multifamily investment activity, emerging signals from the New York Fed’s Household Debt and Credit Report, what shifting consumer credit conditions may imply for rental housing performance, and the key data releases to watch in the week ahead.

A Stronger-than-expected January jobs report leads futures markets to anticipate a more hawkish Fed policy stance.

This week’s Rental Housing Weekly Briefing examines emerging signals from the Federal Reserve’s Senior Loan Officer Opinion Survey on multifamily credit conditions, alongside recent trends in multifamily CMBS delinquencies as reported by Trepp, and the key data releases to watch in the week ahead.

This week’s Rental Housing Weekly Briefing examines key takeaways from NMHC’s Annual Meeting, including evolving capital markets and operating dynamics in multifamily, alongside recent national home price trends from the S&P Cotality Case-Shiller Index and the key data releases to watch in the week ahead.

This week’s Rental Housing Weekly Briefing examines apartment property price trends using MSCI Real Capital Analytics’ CPPI, recent rent collection performance among independent landlords, and the key data releases to watch in the week ahead.

Recent national data continue to point toward gradual improvement across independently operated rental properties. While on-time payment rates remain well below post-pandemic highs, the stabilization observed since late summer has carried into early 2026.

This week’s Rental Housing Weekly Briefing examines Freddie Mac’s multifamily lending activity, recent trends in housing affordability as measured by the National Association of Realtors, and the key data releases to watch in the week ahead

Multifamily rent growth remained subdued in December 2025, with national rent gains continuing to register positive in nominal terms but negative after adjusting for inflation. The latest Zillow Observed Rent Index (ZORI) data point to a rent environment that is materially cooler than the post-pandemic peak and running below long-run historical norms in real terms, even as nominal rents continue to edge modestly higher.