Apartment demand outpaces supply in 20 MSAs in 2026, Jay Parsons notes

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20.10.2026

Apartment demand outpaces supply in 20 MSAs in 2026, Jay Parsons notes — Apartment demand tops supply in 2026

Demand for apartments has surpassed supply so far in 20 metropolitan statistical areas (MSAs) in 2026. Jay Parsons reported that, despite this development, most markets still have high vacancy rates due to a wave of new supply seen from 2023 to 2025. Parsons described the situation as an inflection point where demand is outpacing supply for the first time following recent supply increases.

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Parsons has previously highlighted that high interest rates and a construction labor shortage could challenge efforts to keep rent inflation under control. He has also recommended that home buying decisions focus on personal factors rather than treating housing primarily as a financial investment. These earlier comments provide context to his views on current supply and demand movements in the apartment market.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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