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Americas Commercial Real Estate ShowAuthor: Bull Realty
Americas Commercial Real Estate Show is the nations leading show on commercial real estate related topics. Leading economists, analysts and market leaders including show host Michael Bull share valuable market intel, forecasts and strategies. New shows every week since 2010. Language: en-us Genres: Business, Business News, Investing, News Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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Multifamily Market Update 2026: Rent Growth Returns | Carl Whitaker, RealPage
Episode 1225
Wednesday, 12 August, 2026
Apartment rents grew 1.5% over the past 90 days, the fastest pace since late 2022. RealPage Chief Economist Carl Whitaker joins Michael Bull, CCIM, to break down where the multifamily market stands at mid-year 2026. Carl walks through second quarter actuals and third quarter forecasts, and explains why the national average matters less than it ever has. Class A properties are posting growth rates on par with 2018 and 2019, Class B is finding its footing, and Class C has been left behind by a K-shaped economy. In Raleigh, Class C rents have now declined for 15 straight quarters. The conversation covers the supply pullback versus resilient demand, how the 21st Century ROAD to Housing Act paused the build to rent pipeline and why new market rate starts are already returning in markets like Raleigh Durham, and why build to rent complements conventional apartments instead of competing with them. Michael and Carl also dig into submarket dispersion, with Midtown, Buckhead, and Northeast Atlanta Class A rents up 2% to 3% year over year while the Atlanta metro average shows rents down 1.5% to 2%. They cover the cost side of the business, where taxes and insurance are finally cooling while marketing costs climb, and the effect of AI on rents and underwriting, with median rent to income now at its lowest level since 2020. Carl closes on the barbell shape of today's investment sales market and where he sees opportunity in second tier Southeast markets including Greenville Spartanburg, western North Carolina, and Chattanooga. Connect with Carl Whitaker: https://www.linkedin.com/in/carlwhitaker15/ RealPage Website: https://www.realpage.com Connect with Michael Bull & The Show: Michael Bull, CCIM Bull Realty, Inc https://www.linkedin.com/in/michaelbull/ Read More Here: https://www.bullrealty.com/intel/blog-posts/view/the-return-of-rent-growth-why-the-multifamily-recovery-is-splitting-by-class-and-submarket For more commercial real estate market data, sector forecasts, and video episodes, visit CREshow.com. America's Commercial Real Estate Show is brought to you by our proud sponsors. TCN Worldwide: Commercial real estate property management, leasing, and sales solutions across the US and globally. Learn more: https://www.tcnworldwide.com Build Out: The ultimate product suite for commercial real estate brokerage firms looking to streamline their business. Learn more: https://www.buildout.com Bull Realty: Regional commercial real estate brokerage services headquartered in Atlanta, delivering market intel and strategies. Learn more: https://www.bullrealty.com Commercial Agent Success Strategies: Twenty-one cloud accessed commercial broker training videos with slide deck action notes. Learn more at https://www.commercialagentsuccess.com/ #Multifamily #MultifamilyInvesting #ApartmentInvesting #CommercialRealEstate #RentGrowth #BuildToRent #RealEstateInvesting #ApartmentMarket #CapRates #RealPage #CREShow #MichaelBull
