Matrix Metro Reports

Boston Matrix Report Photo by Sean Pavone iStockphoto.com

Boston Multifamily Report – Summer 2019

The metro’s rent growth is supported by high demand for upscale apartments in core submarkets.

Seattle Matrix Report Photo by Sean Pavone iStockphoto.com

Seattle Multifamily Report – Summer 2019

There were more than 21,500 multifamily units under construction as of June, with 8,131 expected to come online by December.

Austin Matrix Report Photo by RoschetzkyIstockPhoto iStockphoto.com

Austin Multifamily Report – Summer 2019

Multifamily rent growth in Texas’ capital is among the highest in the country, up 4.9 percent year-over-year through June to $1,401, only $64 below the U.S. average.

Denver Matrix Report Photo by RoschetzkyIstockPhoto iStockphoto.com

Denver Multifamily Report – Summer 2019

Demand remained strong in the first five months of 2019, bolstered by population growth and employment gains, especially in high-paying professional services.

Phoenix Matrix Report Photo by FangXiaNuo iStockphoto.com

Phoenix Multifamily Report – Summer 2019

The metro’s strong demand for multifamily housing, fueled by rapid demographic and economic growth, is projected to keep up with the development pipeline.

Salt lake City Matrix Report Photo by f11photo iStockphoto.com

Salt Lake City Multifamily Report – Summer 2019

The metro’s multifamily market continues to be strong, supported by job and population gains. Rents increased 3.0 percent year-over-year through May, 50 basis points above the U.S. growth rate.

St Louis Matrix Report Photo by Sean Pavone iStockphoto.com

St. Louis Multifamily Report – Summer 2019

Household creation continued at a healthy pace throughout the metro in the first five months of 2019, boosting multifamily demand and paving the way for rent growth.

Twin Cities Matrix Report Photo by Gian Lorenzo Ferretti Photography iStockphoto.com

Twin Cities Multifamily Report – Summer 2019

Multifamily rents in Minneapolis–St. Paul increased 3.1 percent year-over-year through May, 60 basis points above the U.S. average and slightly higher than other Midwestern markets.

Cleveland Multifamily Report – Summer 2019

The metro’s multifamily sector remained relatively stable in early 2019, with rents increasing 2.4 percent year-over-year through May, just 10 basis points below the national average.

San Antonio Matrix Report Photo by RoschetzkyIstockPhoto iStockphoto.com

San Antonio Multifamily Report – Summer 2019

The nation’s seventh-largest city is facing a sizable economic shift, which is spilling over into the multifamily market.