Multifamily demand stayed strong in April 2026 despite absorption falling 22%. Deliveries dropped 23% but still exceeded demand….

Multifamily demand stayed strong in April 2026 despite absorption falling 22%. Deliveries dropped 23% but still exceeded demand. Vacancy hit 8.5% and Class C rents rose 0.9%, with NYC, Dallas, and Phoenix each topping 20K units absorbed.
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