{"id":765,"date":"2026-10-26T10:00:00","date_gmt":"2026-10-26T10:00:00","guid":{"rendered":"https:\/\/www.paulwashingtoncommercial.com\/blog\/?p=765"},"modified":"2026-10-26T10:00:00","modified_gmt":"2026-10-26T10:00:00","slug":"multifamily-starts-and-completions-fall-again-embracing-performance-over-perception","status":"publish","type":"post","link":"https:\/\/www.paulwashingtoncommercial.com\/blog\/2026\/10\/26\/multifamily-starts-and-completions-fall-again-embracing-performance-over-perception\/","title":{"rendered":"Multifamily Starts and Completions Fall Again | Embracing Performance Over Perception"},"content":{"rendered":"<div class=\"video-zmyer\">\n<div class=\"video-frame-zmyer\">\n        <iframe loading=\"lazy\" width=\"640\" height=\"640\" src=\"https:\/\/www.roomvu.com\/agent\/embed\/paul-e-washington\/multifamily-starts-fall-remotion-videos-6c56-f0e1\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>In Mid-Q3, multifamily permits for 5+ unit buildings reached 467K annualized, down ~3% MoM but still above yearly levels across the US.<br \/>\nMultifamily starts for 5+ unit buildings fell to 344K annualized in Mid-Q3, down low-20% MoM and mid-teens yearly for a second month.<br \/>\nCompletions for 5+ unit buildings slipped to 302K annualized in Mid-Q3, down mid-teens MoM, down mid-30% yearly, marking a fourth straight decline.<br \/>\nUnits under construction in 5+ buildings stood at 666K annualized, little changed MoM and down ~3% yearly, showing the multifamily pipeline continues easing.<br \/>\nSingle-family starts rose to 918K annualized in Mid-Q3, up high-single-digits MoM, while permits and completions moved lower and under-construction inventory edged higher.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>In Mid-Q3, multifamily permits for 5+ unit buildings reached 467K annualized, down ~3% MoM but still above yearly levels across the US. Multifamily starts for 5+ unit buildings fell to 344K annualized in Mid-Q3, down low-20% MoM and mid-teens yearly for a second month. Completions for 5+ unit buildings slipped to 302K annualized in Mid-Q3, [&hellip;]<\/p>\n","protected":false},"author":304,"featured_media":766,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-765","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.paulwashingtoncommercial.com\/blog\/wp-json\/wp\/v2\/posts\/765","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.paulwashingtoncommercial.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.paulwashingtoncommercial.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.paulwashingtoncommercial.com\/blog\/wp-json\/wp\/v2\/users\/304"}],"replies":[{"embeddable":true,"href":"https:\/\/www.paulwashingtoncommercial.com\/blog\/wp-json\/wp\/v2\/comments?post=765"}],"version-history":[{"count":1,"href":"https:\/\/www.paulwashingtoncommercial.com\/blog\/wp-json\/wp\/v2\/posts\/765\/revisions"}],"predecessor-version":[{"id":785,"href":"https:\/\/www.paulwashingtoncommercial.com\/blog\/wp-json\/wp\/v2\/posts\/765\/revisions\/785"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.paulwashingtoncommercial.com\/blog\/wp-json\/wp\/v2\/media\/766"}],"wp:attachment":[{"href":"https:\/\/www.paulwashingtoncommercial.com\/blog\/wp-json\/wp\/v2\/media?parent=765"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.paulwashingtoncommercial.com\/blog\/wp-json\/wp\/v2\/categories?post=765"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.paulwashingtoncommercial.com\/blog\/wp-json\/wp\/v2\/tags?post=765"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}