{"id":10700,"date":"2026-08-12T12:00:00","date_gmt":"2026-08-12T12:00:00","guid":{"rendered":"https:\/\/www.yardimatrix.com\/blog\/?p=10700"},"modified":"2026-08-13T08:02:46","modified_gmt":"2026-08-13T08:02:46","slug":"near-term-multifamily-completions-increase","status":"publish","type":"post","link":"https:\/\/www.yardimatrix.com\/blog\/near-term-multifamily-completions-increase\/","title":{"rendered":"Near-term Multifamily Completions Increase in New Yardi Matrix Forecast\u00a0"},"content":{"rendered":"\n

Under-construction pipeline prompts uptick but near-term supply will trail 2024-25 totals<\/em> <\/p>\n\n\n\n

SANTA BARBARA, Calif., Aug. 12, 2026 \u2013<\/strong> Recent evaluation of the under-construction pipeline for multifamily units prompted Yardi\u00ae Matrix <\/a> by 2.5% for 2026 and 1.3% for 2028, with the forecast for 2027 remaining basically unchanged from the Q1 forecast update.\u00a0<\/p>\n\n\n\n

The increase in the 2026 forecast does not represent a change in overall forecast expectations. \u201cThe number of units under construction and in prelease continues to decline, suggesting new supply in 2026 and 2027 will be below what was recorded in 2024 and 2025,\u201d states a new bulletin from Yardi Matrix. <\/p>\n\n\n\n

The modest increase forecast for 2028 reflects construction starts, which are about 20% higher year to date than the same period a year ago, and average completion times. <\/p>\n\n\n\n

The near-term forecast assumes that current levels of employment and income growth, household formation, inflation and other economic factors will be largely unchanged. <\/p>\n\n\n\n

See the complete forecast for construction starts and the under-construction pipeline for 2026-28 in the Yardi Matrix supply forecast bulletin for Q3 2026<\/a>. <\/p>\n\n\n\n

Yardi Matrix offers the industry\u2019s most comprehensive market intelligence tool for investment professionals, equity investors, lenders and property managers who underwrite and manage investments in commercial real estate. Yardi Matrix covers multifamily, single-family rentals\/ build to rent, affordable housing, student housing, self storage, office, industrial, retail and vacant land property types. Email matrix@yardi.com<\/a>, call (480) 663-1149 or visit yardimatrix.com<\/a> to learn more. <\/p>\n\n\n\n

About Yardi<\/strong> <\/p>\n\n\n\n

Yardi\u00ae develops industry-leading software for all types and sizes of real estate companies across the world. With more than 10,000 employees, Yardi is working with our clients to drive significant innovation in the real estate industry. For more information on how Yardi is Energized for Tomorrow, visit\u202fyardi.com<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"

Under-construction pipeline prompts uptick but near-term supply will trail 2024-25 totals  SANTA BARBARA, Calif., Aug. 12, 2026 \u2013 Recent evaluation of the under-construction pipeline for multifamily units prompted Yardi\u00ae Matrix by 2.5% for 2026 and 1.3% for 2028, with the forecast for 2027 remaining basically unchanged from the Q1 forecast update.\u00a0 The increase in the […]<\/p>\n","protected":false},"author":3865,"featured_media":10701,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[28,29],"tags":[],"class_list":["post-10700","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-press-releases"],"yoast_head":"\nNear-term Multifamily Completions Increase in New Yardi Matrix Forecast\u00a0 - Yardi Matrix Blog<\/title>\n<meta name=\"description\" content=\"Under-construction pipeline 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