Research Center
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.
Top 5 NYC Multifamily Sales
PropertyShark compiled the top 5 sales in multifamily for February 2017 in New York City.
Matrix Monthly: February Rent Growth Scores Love-Love
While rent growth remained stagnant during February, Yardi Matrix’s latest monthly report assures that strong fundamentals and the promise of a growing economy bode well for the industry.
Yardi Matrix: Cooling Rents—Austin’s City Limits
The city’s multifamily market continues to be a hotbed of activity, despite a growing sense of caution that rents and development are beginning to decelerate.
Yardi Matrix: Salt Lake’s Mountainous Rise
Utah’s largest city is in the midst of a boom—driven by robust employment and population growth—that is producing healthy demand for housing.
Economy Watch: CRE Investors to Keep Up Buying in ’17
Investor appetite for non-core assets increased significantly in 2017, with industrial replacing multifamily as the most attractive asset type, according to CBRE’s recent investor intentions survey.
December 2016
Commentary and data were supplied by Michael Neal, a senior economist with the National Association of Home Builders (NAHB).
