Matrix (Absorption)

Matrix_Monthly_YOY_Chart_0423

National Multifamily Report – April 2023

The average national multifamily asking rent rose $5 in April, to a new high of $1,709, according to Yardi Matrix’s latest survey.

National Multifamily Report – March 2023

Short-term rents resume rise after four months with negative growth, according to Yardi Matrix data.

YoY rent growth chart (february 2023)

National Multifamily Report – February 2023

Annual rent growth continued to decelerate, up just 4.8 percent in February, according to Yardi Matrix data.

National Multifamily Report – January 2023

Year-over-year rent growth remained on a downward trend, up 5.5 percent in January, with the average U.S. rate remaining flat at $1,701, according to Yardi Matrix.

National Multifamily Report – December 2022

Yardi Matrix’s 30-market analysis shows widespread softening, despite solid year-over-year performance.

National Multifamily Report – November 2022

Year-over-year rent growth decelerated further, down to 7 percent in November. Asking rents fell $9 during the month, according to Yardi Matrix.

National Multifamily Report – October 2022

Year-over-year rent growth fell to 8.2 percent, the lowest level since the summer of 2021, according to Yardi Matrix.

National Multifamily Report – September 2022

Annual increases dipped below 10 percent for the first time in more than a year, according to Yardi Matrix.

National Multifamily Report – August 2022

Rent growth stalls in August as the average U.S. asking rent dips slightly, according to Yardi Matrix’s latest monthly report.

National Multifamily Report – July 2022

The average U.S. asking rent rose just $10 in July, to $1,717, the lowest increase since January, according to Yardi Matrix data.