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Apartment occupancy gains to outpace completions by second half of 2027

Stronger US rent growth forecast for this year as vacancy stabilizes
The 255-unit Stack at Wheat Ridge is expected to complete construction this year in Wheat Ridge, Colorado. (CoStar)
The 255-unit Stack at Wheat Ridge is expected to complete construction this year in Wheat Ridge, Colorado. (CoStar)
CoStar Analytics
August 10, 2026 | 9:53 P.M.

The U.S. apartment market keeps exceeding expectations, prompting CoStar's national forecast to call for stronger rent growth prospects and lower vacancy this year — as occupancy gains outpace completions by the second half of 2027.

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News | Apartment occupancy gains to outpace completions by second half of 2027