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Market Report

2026 U.S. Multifamily Investment Forecast

2026 Outlook

An Encouraging Demand Outlook Fortifies Sector
Against Potential Headwinds, Aiding Investor Sentiment

While job creation and domestic migration may not be as high as in recent years, household formation should remain positive, supporting demand for multifamily housing. Meanwhile, changes in financing costs and debt capital liquidity will support investment activity. To help investors capitalize on the unique opportunities of the coming year, Marcus & Millichap presents the 2026 National Multifamily Investment Forecast.

Key Features Include:

  • Comprehensive perspective on the forces shaping the national multifamily sector in the year ahead
  • Supply and demand forecasts for 50 major markets across the country
  • Detailed look at the latest investment and capital markets trends
 
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