Record Apartment Completions Are Receding: Where the Supply Lands Now
Multifamily completions fell from 608,000 units in 2024 to roughly 484,000 in 2025, and the shrinking pipeline is unevenly distributed across US metros.
Karim Al-RashidAnalysis
Longer reads on where rents and prices are heading, built on permit volumes, migration data, completions and the credit conditions under both.
Rent-to-Income Ratios: How Far the Affordability Ceiling Has Stretched
Half of US renters crossed the 30 percent cost-burden line, per Harvard's Joint Center for Housing Studies — and that ceiling now governs rent growth.
Karim Al-Rashid
Insurance Premium Spikes Are Resetting Coastal Rental Math From the Bottom Up
Rising coastal property insurance consumes net operating income dollar for dollar, and the arithmetic compounds into property values and portfolio concentration.
Peter Almeida
What Heavy New Supply Does to Rent Growth: The Absorption Lag Explained
Record 2024 apartment deliveries reached the market slowly, and the nine-to-eighteen-month absorption lag explains why vacancy rises before rents fall.
Peter Almeida
The FHFA House Price Index Slowed to 1.8 Percent. What It Means for Landlords
FHFA's repeat-sales index decelerated to 1.8 percent annual appreciation in Q4 2025, and that number sits inside every refinance appraisal and exit assumption a rental investor runs.
Karim Al-Rashid