Modern Home Builders Issue 147 | Page 9

______________________________________________________________________________________________________ Predictions

Building for 2026 and beyond

Bill Wilhelm shares some predictions for the multifamily property sector in 2026

The need for multifamily properties is still robust, no matter where you are. While demand is still strong, supply is starting to lessen. According to CRE Daily, 2026 is forecasting the completion of approximately 422,000 units down from 536,000 projected units in 2025. What’ s driving this decline is high interest rates and construction costs due to ongoing tariffs and supply chain delays.

However, the outlook for multifamily isn’ t bleak. In 2026, we will be entering a point of stabilization. While we just experienced one of the biggest construction booms in over 40 years, this has also led to slowed
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