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Fundamentals Hold Steady as Growth Moderates in Orange County’s Multifamily Market

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A sharp pullback in new construction stabilized vacancy, while rents eased and late-year sales activity reflected selective investor confidence. By J.C. Casillas, Managing Director of Research at NAI Capital Commerc MARKET OVERVIEW In Q4 2025, Orange County’s multifamily market showed clear signs of adjustment. Vacant units inched up 0.1% quarter-over-quarter to 11,926 but declined 1.6% year-over-year, […]

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