{"id":40986,"date":"2025-08-19T06:00:00","date_gmt":"2025-08-19T13:00:00","guid":{"rendered":"https:\/\/www.yardi.com\/blog\/?p=40986"},"modified":"2026-02-27T02:24:57","modified_gmt":"2026-02-27T10:24:57","slug":"matrix-multifamily-supply-forecast-q3-2025","status":"publish","type":"post","link":"https:\/\/www.yardi.com\/blog\/matrix-multifamily-supply-forecast-q3-2025\/","title":{"rendered":"Yardi Matrix: Multifamily completions forecast looking up"},"content":{"rendered":"
<\/figure>\n

After re-evaluating the multifamily supply pipeline, Yardi Matrix revised its completions forecast upward, estimating a 2.1% increase this year and increases of 1.8% and 2.9% in 2026 and 2027, respectively.<\/p>\n

The revised forecast, driven by a slightly larger than anticipated under-construction pipeline, estimates completions will total approximately 550,000 this year, 430,000 in 2026 and 360,500 in 2027.<\/p>\n

For markets that Yardi Matrix tracks for at least 24 months, the under-construction pipeline, which peaked in March 2024, ended the second quarter of 2025 with just over 1 million units, a decline of 6.5% quarter-over-quarter and 16.4% year-over-year.<\/p>\n

On another front, year-to-date construction starts are close to the level seen in the same period last year and will total about 120,000 units for the full year.<\/p>\n

Meanwhile, the affordable housing segment could receive a boost from the recently enacted One Big Beautiful Bill Act, which increases federal funds for the Low-Income Housing Tax Credit program and reduces the tax-exempt bond financing threshold for LIHTC credits.<\/p>\n

Get more insight about the multifamily segment from the Yardi Matrix Supply Forecast Bulletin<\/a> for Q3 2025.<\/p>\n","protected":false},"excerpt":{"rendered":"

After reevaluating the multifamily supply pipeline, Yardi Matrix revised its completions forecast upward, estimating a 2.1% increase for 2025, 1.8% in 2026 and 2.9% in 2027.<\/p>\n","protected":false},"author":610,"featured_media":40987,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_s2mail":"yes","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2791,3213],"tags":[29,1169],"class_list":["post-40986","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-matrix","category-multifamily","tag-multifamily","tag-yardi-matrix"],"acf":[],"yoast_head":"\nYardi Blog<\/title>\n<meta name=\"description\" content=\"After reevaluating the multifamily supply pipeline, Yardi Matrix revised its completions forecast, estimating a 2.1% increase for 2025.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.yardi.com\/blog\/matrix-multifamily-supply-forecast-q3-2025\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Yardi Matrix: Multifamily completions forecast looking up\" \/>\n<meta property=\"og:description\" content=\"What key trends drive the multifamily market in the second half of the year? 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