New Multifamily Supply Higher In Q2 vs. Q1

After falling to a four-year low in the first quarter of 2026, apartment deliveries posted a modest uptick in Q2.

The South region continued to account for the largest share of new apartment completions, logging delivery for over 40,000 units during the second quarter. That represented an increase of about 180 units from Q1 but remained far below the region’s peak of over 92,200 units reached in the third quarter of 2024. 

Source: RealPage