NAA Insights: What Will Shape Multifamily in 2026?

What are the forces that will shape the multifamily landscape in 2026? Multi-Housing News Senior Editor Laura Valean asked George Ratiu, vice president of research at the National Apartment Association, to answer this question and many others in the final episode of this year’s NAA Insights podcast series.This episode also dives into the expenses most likely to pressure NOI, the conditions needed for transaction activity to accelerate, and the role multifamily AI and analytics will play in driving operational efficiency next year. For owners, developers and managers preparing budgets and strategies, this conversation provides a clear look at the dynamics that will define multifamily in 2026.