Clear Bay Capital Group

MULTIFAMILY

Cycle Monitor

A metro-level view of the U.S. multifamily market cycle.

Where Metros Sit in the Cycle

Data as of 2026 Q2
ExpansionHypersupplyRecessionRecoveryNew York City10:00Chicago1:30ClevelandLong Island2:30ColumbusLos AngelesOrange CountySan DiegoTampa3:30Oklahoma CitySouthwest FloridaTulsa4:30Austin6:00Colorado SpringsDallasMemphisPhoenixPortlandRaleigh7:00BostonLouisvillePhiladelphiaSeattleSouth FloridaSt. Louis8:00DetroitHampton RoadsHawaiiKansas CityMilwaukeeSan Francisco9:00Cincinnati1:00Pittsburgh2:00GreensboroIndianapolis3:00FresnoLas VegasNorthern New JerseyWashington DC4:00HoustonSan Antonio5:00AtlantaCharlestonDenverJacksonvilleNashvilleOrlando6:30BaltimoreBoiseCharlotteInland EmpireOaklandRichmondSacramentoSalt Lake City7:30MinneapolisSan JoseWestchester8:30
Curves:FundamentalsMarket Mood
Investment Posture:AggressiveActiveCautiousDefensive
Metro Position: