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Issue 04 · 2027 budgets start on firmer groundRents are forecast to grow 2.4% over the next four quarters, and no top-50 market is forecast to see rents fall.National snapshotMarketsDallas–Fort WorthMiami-DadeInside the Unit Issue 03 · Renters are staying in the marketRental demand is rising and the apartment pipeline keeps shrinking. Asking rents are flat to slightly down.National snapshotMarketsDallas–Fort WorthInside the Unit Issue 02 · The supply wave is breakingCompletions are down 46% from the late 2024 peak. Demand is now within 13,000 units of supply.National snapshotMarketsAustinInside the Unit Issue 01 · More apartments are being filled than builtFor the first time in nearly five years, renters nationally took more units than builders delivered.National snapshotMarketsDallas–Fort WorthInside the Unit
Issue 04 / November 2, 2026

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