10/31/2026
🏗️ The Building Boom Just Hit the Brakes
From January through July of 2025, 5,351 new apartments were completed across the Twin Cities. Over the same stretch this year? Just 1,852. 🧡
Fewer new units coming online means fewer vacancies competing for renters, and rents are projected to climb 4.7% by mid-2027. For owners, that's a strong setup to hold on to a rental, or add one. ✨
Source: Yardi Matrix, Sept 2026; CBRE Minneapolis Midyear Review, Aug 2026.
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