Market Datavs. 1 year ago
30-year mortgage6.49%▼ -0.23 pts15-year mortgage5.82%▼ -0.04 pts10-year Treasury4.56%▲ +0.21 ptsMortgage spread1.93 pts▼ -0.44 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

Multifamily Vacancy Explained: Why Renters and Investors Watch This Number

Multifamily vacancy concept with apartment building, unlit windows, lease folders, and keys.

Multifamily vacancy is one of the most important numbers in the apartment market because it shows how much rental supply is sitting empty. For renters, vacancy can affect negotiating power, concessions and rent increases. For landlords and investors, it affects occupancy, cash flow, rent growth and property value. A rising vacancy rate can signal that … Read more