Research Center
Pittsburgh STEM Growth Drives Rental Market
A diverse and balanced economy has begun to slow the region’s population decline, underpinning multifamily demand. An increasing number of young professionals have begun to call Pittsburgh their home.
Apartment Jobs Snapshot for Q4 2018
The apartment industry labor market held its momentum through the final three months of the year.
St. Louis Makes Modest Gains
The metro’s multifamily market continues to improve at a middling rate, as its population and job market grow at a pace below the national average.
November 2018
The Energy Price Index decreased 2.2 percent in November, after a 2.4 percent increase in October, while food prices increased by 0.2 percent, according to National Association of Home Builders research.
U.S. Rent Prices Strong in 2018, Small Cities Leading the Way
The national average rent closed the year at $1,419, a 3.1 percent increase compared to the previous year, according to Yardi Matrix data.
Top 5 NYC Multifamily Sales
PropertyShark compiled the top 5 multifamily sales recorded in December 2018 in New York City.
Matrix Multifamily Salt Lake City Report – Winter 2019
The metro’s multifamily demand is still outpacing supply, while occupancy in stabilized properties, at 96.0 percent last September, remains above the national average.
2018 Rent Growth
A year-over-year comparison of all asset classes across 30 major metros, provided monthly by Yardi Matrix.
Cleveland’s Rent Growth Picks Up the Pace
With demographic contraction moderating and demand improving, rent growth in Cleveland is once again accelerating, at 2.2 percent year-over-year through October 2018.
Austin’s Demand Meets Completions
Rent growth, which had flattened around mid-year, has picked up steam again in Austin, up 3.4 percent year-over-year through October.