Economic Update: Slowing GDP & Commercial Real Estate Trends

SVN’s late July 2026 economic update highlights a slowing but resilient economy as moderating GDP growth, elevated interest rates, and cautious consumer confidence continue to shape commercial real estate markets. While multifamily fundamentals are improving through stronger rent growth and tightening apartment conditions, elevated financing costs, refinancing challenges, and a cautious Federal Reserve continue to create headwinds for investment activity and broader CRE recovery.