This comes as interest rates become more favorable to buyers.

CBRE's survey finds 70% plan to increase allocations, encouraged by stabilizing rates and improving returns.

Nearly 91,000 new income-restricted apartments were completed last year, a 73% increase over the previous five years.

A balance of affordability, appreciation potential and lighter competition earned Indianapolis the top spot.

Net absorption reached its highest point in more than two years, led by custom developments.

Once the top destination for global CRE investors, the U.S. now trails European and Asia-Pacific markets.

After peaking in early 2025, vacancy dipped to 18.4% in December as flexible workspaces helped fill gaps.

With asking rents down 0.2% and concessions near 40%, affordability is at its best level in over 4 years.