Market Datavs. 1 year ago
30-year mortgage6.49%▼ -0.23 pts15-year mortgage5.82%▼ -0.04 pts10-year Treasury4.54%▲ +0.20 ptsMortgage spread1.95 pts▼ -0.43 ptsMedian list price$430k▼ -2.5%List $/sqft$228▼ -2.1%Days on market53 +0 daysActive listings1.1M▲ +1.9%New listings463k▲ +2.4%Pending sales506k▲ +4.9%Housing starts1.18M▼ -8.7%Building permits1.41M▼ -0.4%New-home sales580k▼ -6.8%Existing-home sales4.09M▲ +2.8%Months of supply10.3▲ +0.6 moMortgage delinquency1.89%▲ +0.12 pts
as of Jul 2026

Why Apartment Rents and Single-Family Rents Are Moving Differently

Apartment and single-family rent trends shown with separate abstract movement lines.

Apartment rents and single-family rents are moving differently in 2026 because they are responding to different supply and demand forces. Apartments are being shaped by a large wave of multifamily construction. New supply has given renters more choices in many markets, pushed concessions higher and cooled asking rents. Single-family rentals are also seeing slower rent … Read more