Matrix Reports
Heavy Demand Powers Development Surge in Indianapolis
The apartment boom continues in the city, spurred by demographic factors and a strong economic engine.
Upscale Demand Boosts Rent Growth in Richmond
After trailing the U.S. average throughout the current cycle, the metro’s rent growth reached 2.6 percent as of December, bucking the national trend during 2017’s fourth quarter.
San Diego Remains a Landlord’s Market
Demand continues to be healthy in the area, sustained by demographic expansion and a sluggish pipeline. Rent growth ended 2017 at 4.6 percent, nearly double the U.S. average.
Construction Surge Stalls Rent Growth in San Antonio
Despite a wave of new deliveries—which dampened rent growth to just 0.8 percent—the metro’s multifamily fundamentals remain healthy, sustained by above-trend employment gains.
Oversupply Softens Rent Growth in Portland
A healthy job market and strong population gains continue to sustain multifamily demand across the metro, where more than 5,000 apartments are scheduled for delivery in 2018.
Albuquerque Struggles on Recovery Path
Despite a slowdown in 2017, the metro’s multifamily market performance is in line with its historical averages. Core submarkets are leading growth, while the suburbs gradually recover from the most recent downturn.
Riding the Tech Wave in Phoenix
Multifamily development is not slowing down across the metro, as population growth and a thriving job market continue to fuel apartment demand.
Thriving Economy Fuels Dynamic Market in Charlotte
The city’s robust growth is attributable to its flourishing economy, low cost of living and high quality of life.
Economic Growth Pushes Up Demand in Raleigh
The area’s multifamily market had a healthy run in 2017. Favorable living and wage conditions lure many local graduates to remain within the region, expanding the Research Triangle’s economy and fueling rental demand.
Going With the Flow in Knoxville
Recent population gains sustain a strong demand for apartments across the metro, boosting development, which is on track to exceed the cycle average this year.