Jeffreys Capital

According to the latest Apartment List rent report, the national multifamily vacancy rate has risen to 7.4% which is a record high dating back to 2017.

Even though the peak of the construction boom has passed, a large wave of new units is still coming online, colliding with slower renter demand.

The result? More available inventory and more competition for every lease.

Units now take 40 days on average to lease after being listed
That’s four days longer than a year ago
And more than twice as long as mid-2021, when demand was at its peak

Apartment List National Rent Report Apartment List publishes monthly rent reports to examine key trends in cities and states across the nation. How have rents in your city changed recently?

Blackstone president Jon Gray was interviewed by CNBC after the firm disclosed record redemptions of its flagship private-credit fund. But what he said that was revealing was that the bottom 5% of the $82 billion Blackstone Private Credit Fund was marked at 76 cents on the dollar.

Gross domestic product increased at an upwardly revised ‌4.4% annualized rate

US third-quarter economic growth revised slightly higher — Reuters The U.S. economy grew a bit faster than initially thought in the third quarter, the government said on Thursday, while corporate profits ​were also revised higher.

Foreclosures are quietly climbing again. But while the stress is rising, it's landing very differently depending on where you live.⁠
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New data from ATTOM shows U.S. mortgage foreclosure filings rose 21 percent year-over-year in November, with nearly 35,700 properties posting some type of foreclosure-related filing. That's the ninth straight annual increase, even as the month-to-month count dipped 3 percent.⁠
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The sharpest spike among big metros: Charlotte, with filings up 125 percent (about 1 in every 3,156 housing units). At the other end of the spectrum, Hartford, Connecticut, saw the biggest year-over-year decline in its foreclosure rate, down about 46 percent.⁠
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Translation: the trend is up, but the story is local — and uneven.⁠
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Tap the link in comments for the metro-by-metro breakdown, what's driving the shift and what it could signal for 2026 housing conditions. ⁠

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