Matrix Reports
Jacksonville Powers Through
A relatively limited amount of new multifamily construction in Northeast Florida has kept the occupancy rate above its historical average, presenting opportunity for increased rent growth.
Job Diversity Sustains Denver’s Economy
Employment and population gains are pushing up demand for apartments across the metro, which had roughly 26,000 rental units under construction as of November.
Fundamentals Rock Solid in Multifamily, Office Markets
Commercial real estate historically has been a cyclical sector, and eight years into a solid recovery, players are having trouble deciding whether to laugh at their good fortune or cry at the thought that prosperity is about to come to an end.
Is Atlanta Approaching a Market Peak?
The metro’s development boom is not slowing down. Multifamily investments and deliveries showed signs of peaking by year-end, as roughly 8,700 units came online as of October 2017.
Demographic Expansion Pushes Up Demand in Dallas
Investors remain bullish, as $5 billion in multifamily assets traded in DFW last year. The recent construction surge has come at a cost, as the occupancy rate dropped by 40 basis points to 95.4 percent as of September 2017.
Houston Embarks on Healing Process
The outlook for the multifamily sector will brighten as residents in need of housing absorb the new supply. Rents showed positive growth for the first time in more than a year.
Cranes Drive Growth in Las Vegas
Following a silent spell for significant real estate development in the Las Vegas Valley, the market is now flooded with major projects that the construction sector is struggling to deliver.
Landlords Hold Pricing Power in Orange County
Demand for apartments continues to be strong in the area, where high construction costs and surging land values maintain the housing market as one of the most expensive in the country.
Tech Scene Continues to Thrive in Seattle
Fueled by the continued expansion of the technology sector and population growth, the city’s multifamily market remains healthy.