Santa Barbara Multifamily Research Report 2025 Q3

Market Overview

‍According to the latest Colliers report, multifamily markets are facing moderating rent growth amid elevated new-supply levels and cautious investor sentiment. Vacancy has edged upward in several major metros while deliveries remain elevated, putting pressure on occupancies and limiting upside in rents. Despite these headwinds, demand fundamentals remain resilient and many markets are expected to stabilise by late 2025 as supply growth eases and capital-markets activity begins to pick up.

‍About Colliers

‍Colliers is a global real estate services and investment management firm that delivers research, advisory and brokerage services across asset classes. Their multifamily market insights leverage proprietary data and regional market teams to assist owners, developers and investors in tracking performance, identifying risk and shaping strategy. To read the full report, click here.