{"id":864,"date":"2026-10-28T10:00:00","date_gmt":"2026-10-28T10:00:00","guid":{"rendered":"https:\/\/www.paulwashingtoncommercial.com\/blog\/?p=864"},"modified":"2026-10-28T10:00:00","modified_gmt":"2026-10-28T10:00:00","slug":"usa-multifamily-starts-forecast-lower-embracing-performance-over-perception","status":"publish","type":"post","link":"https:\/\/www.paulwashingtoncommercial.com\/blog\/2026\/10\/28\/usa-multifamily-starts-forecast-lower-embracing-performance-over-perception\/","title":{"rendered":"USA Multifamily Starts Forecast Lower | 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-september-remotion-videos-53c6\" 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>Current multifamily starts outlook called for 454K starts in 2026 and 417K in 2027, both revised lower from the prior monthly forecast.<br \/>\nIn Late-Q3 2026, multifamily starts were forecast at 455K annualized after a 49K downward revision, while current construction data showed a 407K pace.<br \/>\nSingle-family starts also moved lower: 2026 was trimmed to 897K and 2027 to 909K, with near-term quarterly revisions entirely negative in current forecasts.<br \/>\nBroader forecasts stayed fairly steady: GDP expectations were little changed, the 10-yr Treasury path remained near 5%, and near-term inflation projections were raised.<br \/>\nOne offset: employment growth expectations improved for 2026, while single-family starts were still expected to recover from Late-Q4 2026 into Late-Q4 2027.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Current multifamily starts outlook called for 454K starts in 2026 and 417K in 2027, both revised lower from the prior monthly forecast. In Late-Q3 2026, multifamily starts were forecast at 455K annualized after a 49K downward revision, while current construction data showed a 407K pace. Single-family starts also moved lower: 2026 was trimmed to 897K [&hellip;]<\/p>\n","protected":false},"author":304,"featured_media":865,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-864","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\/864","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=864"}],"version-history":[{"count":1,"href":"https:\/\/www.paulwashingtoncommercial.com\/blog\/wp-json\/wp\/v2\/posts\/864\/revisions"}],"predecessor-version":[{"id":882,"href":"https:\/\/www.paulwashingtoncommercial.com\/blog\/wp-json\/wp\/v2\/posts\/864\/revisions\/882"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.paulwashingtoncommercial.com\/blog\/wp-json\/wp\/v2\/media\/865"}],"wp:attachment":[{"href":"https:\/\/www.paulwashingtoncommercial.com\/blog\/wp-json\/wp\/v2\/media?parent=864"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.paulwashingtoncommercial.com\/blog\/wp-json\/wp\/v2\/categories?post=864"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.paulwashingtoncommercial.com\/blog\/wp-json\/wp\/v2\/tags?post=864"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}