How is the multifamily market positioned for the year ahead, and what will matter most for investors in 2026?
Origin Investments Co-CEO David Scherer joins Spencer Levy, CBRE’s global client strategist and senior economic advisor, for a forward-looking conversation on the forces shaping multifamily.
They discuss the economic signals to watch, where demand is strengthening and what makes 2026 a compelling vintage for new investment.
Some takeaways from the webinar include:
- 2026: A Compelling Development Vintage – A sharp drop in construction starts from 2022 to 2025 is expected to create a significant supply-demand imbalance by 2027 to 2029, positioning projects breaking ground in 2026 for high demand and low competition.
- The Rent vs. Buy Advantage – High mortgage rates and the end of student loan forgiveness have made owning a home 50% to 65% more expensive than renting, sustaining a large, long-term pool of renters by necessity.
- Durable Demand Strategy – While high-demand markets face temporary softness, long-term growth is projected in major hubs with durable demand drivers (such as Dallas and Miami) and “oversold” markets like San Francisco and Chicago.
- Economic Risk to Watch – The primary risk for 2026 is a significant stock market correction, which would impact the wealth effect and interest rate trajectories more than recent geopolitical noise.
This webinar concludes with live Q&A.
