Rent Growth Picks Up in July
Yardi Matrix - August 5, 2024
“Consistent economic growth and demographic trends sustained multifamily demand at the start of the third quarter, according to the latest Yardi® Matrix National Multifamily Report.”
https://www.yardimatrix.com/blog/rent-growth-picks-up-in-july/
Rents Rise in July as Policy Debates Heat Up
Yardi Matrix - August 1, 2024
“Multifamily advertised rents rose in July on the back of the strong economy. Job growth remained robust while inflation continued to ease, raising hope for interest rate cuts.”
https://www.yardimatrix.com/publications/download/file/5938-MatrixMultifamilyNationalReport-July2024
Multifamily Expenses Increase Above-Trend Levels
Yardi Matrix - April 3, 2024
“Expense growth varied by expense type and metro. By type it was led by property insurance (up 27.7% year-over-year), marketing (12.3%), administrative (9.6%) and repairs and maintenance (8.8%).”
https://www.yardimatrix.com/blog/multifamily-expenses-increase-above-trend-levels/
#RealEstate #CRE #Multifamily #YardiMatrix
@realestate
ht @REfeeds
National Multifamily Market Report – November 2023
Yardi Matrix - December 11, 2023
“Rent growth was negative in 14 of Yardi Matrix’s top 30 metros, most of which are Sunbelt markets with robust supply expansion. More so, in seven metros, the average rent contracted by 3.0% or more.”
https://www.yardimatrix.com/blog/national-multifamily-market-report-november-2023/
#RealEstate #CRE #Multifamily #YardiMatrix
@realestate@a.gup.pe @realestate@chirp.social
Yardi Matrix Anticipates Uptick in Construction Completions for 2024-2025
Yardi Matrix - November 10, 2023
“Multifamily construction starts held at a relatively high level through the first half of 2023. As a result, the number of under-construction units not in lease-up continues to increase.”
#RealEstate #CRE #Multifamily #YardiMatrix
@realestate@a.gup.pe @realestate
ht @REfeeds
Led by Insurance, Multifamily Costs Jump Dramatically, Yardi Matrix Reports
Yardi Matrix - September 18, 2023
“Expenses for multifamily properties nationally grew by an average of 9.3% in the trailing 12-month period ending in June. That growth is 63% higher than the 5.7% increase during the previous 12 months.”
https://www.yardimatrix.com/blog/multifamily-costs-jump-dramatically/
#RealEstate #CRE #Multifamily #YardiMatrix
@realestate@a.gup.pe @realestate
Expense Growth a Cloud in Strong Multifamily Performance
https://www.yardimatrix.com/publications/download/file/4361-MatrixMultifamilyNationalReport-August2023
Yardi Matrix - September 7, 2023
“Rents rose slightly in August and occupancy rates remained steady. However, there are headwinds that include the rapidly growing expense side of the ledger, led by mushrooming property insurance costs.”
National Multifamily Report – August 2023
https://www.multihousingnews.com/national-multifamily-report-august-2023/
Multi-Housing News - September 7, 2023
“The multifamily real estate industry maintained a healthy performance in August, with the average U.S. asking rent up $1 to $1,728, a 1.5 percent year-over-year increase and 20 basis points below the July rate.”
Matrix Bulletin-Multifamily Supply Forecast Notes-Q3 2023
Yardi Matrix - July 21, 2023
“The multifamily under construction pipeline continues to expand despite high interest rates and a tight lending environment, and as a result, Yardi Matrix has revised its new deliveries forecast upward through 2025, with a slight reduction in later years”
#RealEstate #CRE #Multifamily #YardiMatrix
@realestate@a.gup.pe @realestate
Matrix Multifamily Phoenix Report - June 2023
Yardi Matrix July 20, 2023
"Phoenix rent growth fell for the eighth month, down 0.4 percent on a T3 basis through April to $1,608, while the U.S. rate increased 0.2 percent. Development is still strong, with record new stock anticipated for 2023."
https://www.yardimatrix.com/blog/phoenix-multifamily-market-report-june-2023/
#RealEstate #RealEstateInvesting #CRE #Multifamily #YardiMatrix
@realestate@a.gup.pe @realestate
ht @REfeeds
Compared to 2022, Multifamily Rents Continue to Slide, Reports Yardi Matrix
Yardi Matrix - July 30, 2023
“Rents are growing within a normal seasonal pattern, albeit well below the post-pandemic boom and even below pre-pandemic trends.”
https://www.yardimatrix.com/blog/compared-to-2022-multifamily-rents-continue-to-slide/
#RealEstate #RealEstateInvesting #CRE
#Multifamily #SFR #SingleFamilyRentals #BFR
#YardiMatrix
@realestate@a.gup.pe @realestate
ht @REfeeds
“Multifamily property sales continued to shift toward secondary tech markets in 2022, as volume waned in the fourth quarter due to rising acquisition yields and pricing uncertainty.”
#RealEstate #RealEstateInvesting #CRE #Multifamily #YardiMatrix
@realestate@a.gup.pe @realestate
“Heading into the new year, multifamily experts are concerned about how the industry will be impacted by the rise in interest rates as the Federal Reserve continues its efforts to cool inflation.”
#RealEstate #CRE #Multifamily
#YardiMatrix #MRISoftware #RealPage #Zumper #Zonda
@realestate@a.gup.pe @realestate
“The national rent growth forecast for 2023 was revised downward again, largely driven by the downward revision of some large markets that have an outsize effect on the average, including Eastern Los Angeles County, Miami, the South Bay Area, Tampa and Manhattan.”
#RealEstate #CRE #Multifamily #YardiMatrix
@realestate@a.gup.pe @realestate
“The year 2022 ended with rent growth closer to ‘normal’ levels, up 6.2% year-over-year, to $1,715, which is a $4 drop from November. Although this is the lowest level since May 2021, it marks the second-highest annual growth ever, behind only 2021’s massive growth of nearly 15%.”
https://www.yardimatrix.com/blog/national-multifamily-market-report-december-2022/
#RealEstate #CRE #Multifamily #YardiMatrix
@realestate@a.gup.pe @realestate
