This chart shows construction put in place still sitting near historic highs but the growth rate has collapsed and turned negative. In plain English: projects are finishing, but new ones aren’t replacing them. Momentum broke before the headlines did.Here ’s the tension most investors are missing:Construction dollars stayed high because 2021–2022 projects were already financed.But YoY growth going negative tells us the pipeline behind today’s deliveries is thinning fast.Rent growth looks weak...

Multifamily brokerage firm Berkadia just published their 2025 Outlook Memo. Here's what it said: 1. Fundamentals to Improve in 2025; More...

Homebuyers hoping for a better climate in 2023 have longer to wait, as they now face the highest mortgage rates to start a new year since...