Multifamily Demand Outpacing New Supply

In Q2 2025, multifamily demand didn’t just improve, it soared.

• Net absorption hit 188,200 units, the highest Q2 on record
• Demand outpaced new supply by more than 2-to-1
• Vacancy fell to 4.1%, its lowest level since the supply wave began

With positive absorption in all 69 markets CBRE tracks and slowing construction ahead, fundamentals continue to strengthen. For investors, this underscores the role multifamily real estate can play in portfolios: resilient, income-generating and backed by real housing demand.

If you’re an RIA looking to diversify your clients’ portfolios with real assets, let’s connect.