Daily News 10-14-2026

The national apartment market continues to improve, with the vacancy rate falling to its lowest level as renter demand outpaces new supply, according to Cushman & Wakefield’s third-quarter report. National multifamily vacancy dropped 30 basis points quarter over quarter to 8.6%, the third consecutive quarterly decline. Absorption reached nearly 350,000 units through the first nine months of the year, up 14% year over year and the strongest total for the first three quarters since…»

Recent sales and zoning actions involving state trust land have created a pipeline for more than 90,000 housing units in Arizona. Between fiscal 2023 and fiscal 2026, the Arizona State Land Department⁠ auctioned more than 7,650 acres of state trust land that are expected to support construction of 31,724 new housing units across Arizona. During this same time period, the state land department has zoned 11,295 acres of state trust land for residential development. Once auctioned, this zoned…»

Unlike most fictional detectives, critic Peter Haining notes, Georges Simenon’s Maigret “relies on his intuition and unique facilities of perception.” The French puzzle solver might puff a few pipes while cutting through the fog hanging over Scottsdale City Council’s 2 p.m. Tuesday, Oct. 6, meeting. The name of the gathering is somewhat cryptic, though not entirely unique: “special meeting.” Adding to the mystery: the developer with a plan that may terrify some is unnamed on the…»

U.S. apartment rents recorded a modest decline in September, continuing the seasonal slowdown that typically emerges after the peak summer leasing season. Despite weaker monthly performance, annual rent growth continued to build nationally as markets benefited from favorable year-over-year comparisons and gradually improving apartment market conditions, according to Apartments.com’s latest report on multifamily rent trends. One of the clearest signs of improving…»

A long-vacant site at 18th Street and Indian School Road could become a 76-unit apartment complex with small commercial space. Jason Morris, a zoning attorney representing the developer, Scottsdale-based Del Pueblo Communities, said the project has been in the works for more than four years, going through many design iterations to find something that would be palatable to the neighborhood. The 2-acre site was once used for offices. But when the State Route 51 freeway was built…»