Tag Archives: Yardi Matrix

Developers sit on empty lots as higher rates delay projects

By | | Uncategorized
Comments Off on Developers sit on empty lots as higher rates delay projects

After a generationally high apartment construction boom, some developers are now finding that the economics no longer make sense on in-progress projects. Continue reading →

Inventory boost expected to slow rent growth to 1.5%

By | | Uncategorized
Comments Off on Inventory boost expected to slow rent growth to 1.5%

The rental market is entering the new year with a major boost in inventory and cooling rental growth — two factors that are expected to yield a mixed bag of results for landlords and tenants alike.  Continue reading →

Multifamily rental market rebounds to pre-pandemic levels

By | | Uncategorized
Comments Off on Multifamily rental market rebounds to pre-pandemic levels

The median multifamily rent increased 2.5 percent in May, according to Yardi’s latest rent report. West Coast markets experienced the greatest increases as buyers hold off on the homeownership plans. Continue reading →

Rent growth slows amid coronavirus pandemic

By | | Uncategorized
Comments Off on Rent growth slows amid coronavirus pandemic

Rents still increased in March, but the growth slowed at a time when rents would normally be rising more quickly. Continue reading →

Average multifamily rent grows to $1,419 in US, up 3.2%

By | | Uncategorized
Comments Off on Average multifamily rent grows to $1,419 in US, up 3.2%

Overall, multifamily rents — for example, a unit in an apartment building – have increased 31 percent since 2011. Rising home values, a strong economy, and growing demand for rental housing have all played a role in this growth. Continue reading →