A graph of changes in occupied multifamily stock on a basis-point scale

Multifamily Fundamentals Stabilize as Market Demand Diverges

Markets supported by strong domestic migration are better positioned to maintain stability.

A chart of net absorption and inventory growth changes in the fourth quarter of 2025

Not All Multifamily Slowdowns Are Created Equal

Which markets are coming out on top in this new investment cycle?

A chart of 12-month total multifamily completions of the Sun Belt and Snow belt.

Multifamily Market Realigns as Regions Diverge

This stability masks significant underlying shifts in regional performance and supply-side dynamics.

A chart of multifamily vacancy rate changes correlated with inventory growth.

Supply Shock and Vacancy Trends in the Multifamily Market

Supply has been tapering since the beginning of the year.

A chart of markets with the highest cumulative rent growth from March 2020 through March 2025

The Multifamily Market 5 Years After the Pandemic

Find out which markets had the highest cumulative rent growth between 2020 and 2025.

A chart depicting 12-month vacancy rate changes in the largest Florida metros. Source: Moody's Analytics

Moody’s Update: Population Shifts Shape Housing Demand

How migration trends influenced the multifamily market last year. Read the report.

Moody's Vacancy Rates and YTD Inventory

Moody’s Update: Rising Vacancies and Revenue Pressures

Elevated vacancy rates have led to higher concessions in tenant-favored markets.