Walker & Dunlop sees shifting housing supply dynamics, persistent affordability strains into 2027
WD•Walker & Dunlop flagged shifting housing supply across asset classes heading into 2027, while affordability remains “very stretched.” It said single-family rental rent growth is accelerating as supply headwinds ease, and declining apartment deliveries support the multifamily outlook.
1. Housing outlook
Walker & Dunlop flagged shifting housing supply dynamics across asset classes heading into 2027, with affordability remaining “very stretched.” Higher-end buyers are holding up while payment-sensitive demand stays pressured, and builders are using mortgage-rate buydowns to compete with resales. The company also cited accelerating single-family rental rent growth, declining apartment deliveries, and mortgage and real estate services operators’ focus on AI and automation to reduce origination costs as transaction volumes stay constrained.
