Economic Update: Rising Inflation & Rate Pressures Shape the Commercial Real Estate Outlook

SVN’s mid-October 2026 report highlights rising inflation, slowing job growth, and the potential for additional Fed rate hikes as consumer confidence weakens. Commercial real estate transaction volume remains ahead of last year, while improving multifamily rent growth offers signs of stabilization. However, elevated borrowing costs, rising loan delinquencies, and uneven market conditions continue to challenge investors and developers.