Market Signals Point to Lower Multifamily Cap Rates Ahead
After surging to their peak, multifamily capitalization rates may finally be poised to slip in 2026—a signal that easing distress, improving credit conditions and resilient renter demand could begin reshaping the market. That’s according to Xander Snyder, senior commercial real estate economist at First American Financial Corporation, who wrote that while rates might drift lower, there’s still a possibility…»
With Government Stats Paused, Homebuilder Survey Sends A Positive Economic Signal
The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index rose five points in October to 37, its highest level since April and the biggest month-over-month improvement since January 2024. The index, based on a monthly survey of single-family builders, measures confidence in current and expected sales conditions on a scale of 0 to 100. Readings above 50 indicate…»
Taylor Morrison sells Surprise rental home community
Mesa-based Christopher Todd Capital has acquired a newly built rental community from its former development partner. On Nov. 18, Christopher Todd Capital bought the 193-home property in Surprise from Scottsdale-based Taylor Morrison Home Corp. (NYSE: TMHC) for $55.24 million, according to Tempe-based Vizzda LLC. The Surprise community has its origins in a…»
US office construction plunges to lowest point since 2011
A plunge in the amount of office space under construction in the United States has reached its lowest level in nearly 15 years. The drop in development activity, representing a 65% fall from its peak, reflects both cyclical pressures and a longer-term shift in how and where new office buildings are being built. At just 57 million square feet underway, the current…»
The sweeping economic interventions launched during the Covid-19 pandemic may have made American homes less attainable for millions—a reality the housing market will need years, if not decades, to correct, warns top real-estate executive Sean Dobson. The Amherst Group CEO, whose subsidiary Main Street Renewal is one of the country’s largest institutional…»