Research Center
Rent Growth
Rents were up 2.7% nationwide in March, down 10 basis points from February and exactly half the 5.4% growth rate of a year ago.
March Rent Jumps Significantly
According to Yardi Matrix, MMarch marked the first rent increase in five months, reflecting unexpected growth in the face of tax and regulatory uncertainty.
Economy Watch: Demand for Student Housing Stays Strong
Favorable demographic trends and an increase in the number of students pursing post-graduate degrees are spurring investor interest and demand for student housing product, according to a recent report from TH Real Estate.
Yardi Matrix: San Jose—Peak Market, Weak Appreciation
Silicon Valley remains the largest technology hub in the nation and the anchor of the Bay Area.
Yardi Matrix: Fever Pitch—Atlanta Demand Heats Up
Atlanta’s multifamily market benefits from a diversified economy, a healthy development pipeline and high investor demand.
Economy Watch: More Than One-Third of Millennials Live with Parents
A combination of high rents, lower wages and student debt are having a negative impact on household formation among Millennials, according to a recent Abodo report.
January 2017
Commentary and data were supplied by Michael Neal, a senior economist with the National Association of Home Builders (NAHB).
Rent Growth
Rents were up 2.8% nationwide in February, down 40 basis points from January and roughly half the 5.5% growth rate of a year ago.
Yardi Matrix: Houston’s Shaky Economy
Houston’s multifamily market is still reeling from the oil price collapse in 2015, which resulted in thousands of job cuts and slowing investment activity.