Matrix Metro Reports
Multifamily Brooklyn Report – Winter 2019
Despite a significant rise in deliveries, rents for Lifestyle units grew 3.4 percent and the occupancy rate stayed at 98.1 percent, among the highest in the U.S.
Multifamily San Jose Report – Winter 2019
Bolstered primarily by the tech sector, San Jose’s employment growth has been solid, hovering around the 3.0 percent mark all year long and hitting 3.3 percent last September.
Multifamily Manhattan Report – Winter 2019
Despite strong demand, apartment construction across the borough has slowed, while the average rent is approaching the $4,200 mark.
Sacramento’s Rent Growth Still Strong, Not Dazzling
The trend is sustained by an ongoing influx of new residents from pricier Bay Area markets and a limited multifamily supply.
Matrix Multifamily Miami Report – Winter 2019
The metro’s multifamily deliveries reached a cycle peak in 2018, boosted by population and employment gains, while investors mostly targeted Fort Lauderdale assets.
Matrix Multifamily San Francisco Report – Winter 2019
A lull in the metro’s multifamily construction activity has boosted rents 3.9 percent year-over-year through October to $2,662, nearly double the national figure.
Indianapolis’ Demand Keeps Up With Supply
Multifamily demand is strong in the metro, where favorable employment and demographic trends are putting upward pressure on occupancy and giving property owners leverage to raise rents.
Columbus Maintains Stable Rent Growth
Although employment growth moderated in 2018 while multifamily development kept a steady pace, the Columbus rental market remains one of the Midwest’s top performers.
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.
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.