Listings Are Rising Across States

In partnership with

New here? Join the newsletter (it's free).

Multifamily Deals Slide—But Individual Sales Quietly Surge link

• Apartment sales dropped 14% year-over-year in Q2 2025, landing at $35.1B—largely due to a slowdown in portfolio deals, which fell 57%. But individual property sales jumped 15%, hitting $28B, a sign that smaller investors are still active.

• Sales in secondary markets rose faster than in major metros, up 18% to $21.3B. That outpaced big cities like NYC and LA, which only saw a 6% rise.

• While multifamily slowed, other sectors took off: retail jumped 37.4%, industrial 15%, and office 11.5% in Q2. Multifamily and hotel saw the biggest drops, down over 45% each.

Apartment vacancies surge link

• The national multifamily vacancy rate hit 7.1% in July—its highest level since at least 2017—while rents fell 0.8% year-over-year, marking the third straight month of annual declines.

• Austin saw the sharpest rent drop among major metros, down 6.8% from last year, followed closely by Denver and Phoenix—three cities that were previously hot markets.

• Although new supply is slowing, the first half of 2025 still saw above-average construction levels, keeping the market soft and favoring renters in many metros.

Retail slowdown -vacancy rises again link

• Retail availability rose to 4.9% in Q2, the second straight quarterly increase, driven by bankruptcies and store closings, even in high-traffic areas.

• The market saw 5 million sq. ft. of negative net absorption in Q2, with the year-to-date total hitting 11.1 million sq. ft., signaling broad pullback from tenants.

• Developers are hitting pause: new retail construction dropped to 4.1 million sq. ft., well below the 10-year average of 11.9 million, with most new projects now preleased or build-to-suit only.

Affordable Housing Shakeup? Senate Backs Bipartisan Bill With Big Changes Ahead link

• The ROAD to Housing Act is the first bipartisan housing bill in over 10 years and aims to ease construction, reduce homelessness, and improve homeownership access—especially critical as median home prices hit $435,000 in June 2025.

• A key change eliminates the federal chassis requirement for manufactured homes, opening the door for cheaper, factory-built housing—especially in the South where shortages are worst.

• The bill also locks in long-term disaster recovery funding (CDBG-DR) and fixes USDA mortgage rules to allow term extensions, which could offer real relief to low-income and rural homeowners.

Cities Bet Big on Parks—Here’s Why That’s Boosting Jobs, Real Estate, and Startups link

• Plano tripled the national average in park investment—$12,400 per acre—helping attract 30 major business relocations and expansions in just one year, including Raytheon and Fisher Investments. The city approved an $82 million parks upgrade as part of a broader $364 million bond.

• Boise saw a 60% increase in startups under five years old—five times the national average—driven in part by park-centric development that attracts young talent. Similar startup surges are happening in Atlanta and Plano as public green spaces become competitive assets.

• Office rents near Atlanta’s BeltLine rose 70% from 2013 to 2019—outpacing other parts of the city by 35%—as companies increasingly seek proximity to trails, parks, and walkable areas. Green space is now a top requirement for commercial tenants.

Tool of the day - Bobyard

Bobyard interprets landscaping and site plans, producing instant material takeoffs and cost estimates that replace hours of manual counting. This automation saves contractors time, improves bidding accuracy and speeds up client proposals.

AGNT Launches First Fully Autonomous AI Agent for Realtors – link

AGNT’s new platform handles everything from lead gen to nurturing and follow-up — offering agents a hands-free AI assistant that works 24/7.

How AI Will Reshape MLS, Investors, and the Agent’s Role – link

The John L. Scott CEO predicts AI will streamline MLS data, empower agents with better tools, and drive investor shifts — making adaptability critical for the next wave of real estate pros.

This AI Tool Is Slashing Construction Errors and Saving Millions – link

Trunk Tools uses AI to guide workers in real time — cutting mistakes, rework, and material waste on job sites, and boosting profit margins for builders.

AI in CRE Raises Privacy Flags — Are Your Tools Watching Too Much? – link

As AI tools collect data on tenants, tours, and transactions, CRE pros are grappling with growing concerns around surveillance, consent, and legal risk.

U.S. Home Listings Are Rising Across States link

• U.S. active home listings jumped from a low of 346,000 in 2022 to over 1.08 million by June 2025, signaling a major shift in housing supply. Florida and Texas hit nine-year highs, while California is still far below pre-2020 levels.

• Florida saw a 4% drop in single-family home prices—the steepest decline since 2011—as insurance costs, climate risks, and oversupply pressure sellers. Tampa and Jacksonville are among the most affected metros.

• Austin's home sales dropped 5.8% year-over-year in May 2025, with median prices slipping 2%, showing how even hot markets are cooling under inventory pressure and affordability constraints.

Office Market Shifts Again—But Not the Way You’d Expect 

Industrial market cools off—but there's more beneath the surface

Proptech is Booming—Here’s What’s About to Disrupt Real Estate

Banks stay steady in Q2—but caution lingers

Multifamily market heats up—what’s driving the shift?

Proptech Startups That Just Got Funded

A 1913 Boscawen Library!

Link to the listing

That's all folks. If these emails aren't for you anymore, you can unsubscribe here.

Cheers,

Vidit

Instagram

P.S - Read past newsletters here