COMMERCIAL REAL ESTATE'S ECONOMIC ADVISORS

New research shows renters accounted for nearly 80% of household growth in 2025, while the latest Beige Book points to a resilient but increasingly cautious US economy.

CPI inflation ticks higher in March while NAHB’s Remodeling Market Index signals continued expansion, with forward-looking indicators softening. This week’s Rental Housing Weekly Briefing breaks down what it means for housing demand and investment conditions.

Rental housing trends show rising multifamily CMBS delinquencies and moderating home price growth, highlighting ongoing capital markets pressure and shifting housing dynamics.

NYC rent growth remained resilient in early 2026, with Manhattan leading year-over-year gains and Brooklyn continuing to drive short-term momentum across the boroughs.