Matrix Reports
Rent Growth
Rents were up 2.8% nationwide in February, down 40 basis points from January and roughly half the 5.5% growth rate of a year ago.
Yardi Matrix: Houston’s Shaky Economy
Houston’s multifamily market is still reeling from the oil price collapse in 2015, which resulted in thousands of job cuts and slowing investment activity.
Matrix Monthly: February Rent Growth Scores Love-Love
While rent growth remained stagnant during February, Yardi Matrix’s latest monthly report assures that strong fundamentals and the promise of a growing economy bode well for the industry.
Yardi Matrix: Cooling Rents—Austin’s City Limits
The city’s multifamily market continues to be a hotbed of activity, despite a growing sense of caution that rents and development are beginning to decelerate.
Yardi Matrix: Salt Lake’s Mountainous Rise
Utah’s largest city is in the midst of a boom—driven by robust employment and population growth—that is producing healthy demand for housing.
Rent Growth
Rents were up 4.6% nationwide in January, a 30-basis-point increase from December, though still 240 basis points below the recent high of 7.0% in January 2016.
Yardi Matrix: Sacramento’s Capital Appreciation
As the only remaining metro with year-over-year rent growth in double figures, Sacramento seems unfazed by the national downward trend.
Matrix Monthly: Rents Jump $5 in January
With a few exceptions, rent growth continues to be driven from highly populated metros in the West and South.
NMHC: Trump Ushers in Optimism and Caution
Real estate industry veterans and public policy pros came together at the National Multifamily Housing Conference’s annual meeting to discuss the impact of the new administration on multifamily.