National Multifamily Vacancy Hits First Quarterly Decline Since 2021

By Lu Chen · Multi-Housing News · 2026-07-23

According to a report from Multi-Housing News, the American rental market reached a significant turning point in the second quarter of 2026. National vacancies dropped to 6.8 percent as tenant demand finally overtook a heavy slate of new construction deliveries for the first time

According to a report from Multi-Housing News, the American rental market reached a significant turning point in the second quarter of 2026. National vacancies dropped to 6.8 percent as tenant demand finally overtook a heavy slate of new construction deliveries for the first time