Multifamily (Matrix)

Raleigh Multifamily Report – Summer 2019

Population growth, coupled with proximity to higher education and a bustling tech sector, has spurred strong rent increases in the metro.

San Diego Matrix Report Photo by Jerry Uomala iStockphoto.com

San Diego Multifamily Report – Summer 2019

The metro’s life sciences cluster and thriving tech sector continue to support job growth and create demand for housing.

Washington DC Matrix Report Photo by vichie81 iStockphoto.com

Washington, D.C., Multifamily Report – Summer 2019

The steady influx of high-paying positions continues to generate strong demand for Class A rentals throughout the metro.

Miami Matrix Report Photo by Sean Pavone iStockphoto.com

Miami Multifamily Report – Summer 2019

Alongside Houston, Miami was one of the only two major U.S. metros where annual rent growth fell below the 2.5 percent mark as of June.

San Francisco Matrix Report Photo by Diane Bentley Raymond iStockphoto.com

San Francisco Multifamily Report – Summer 2019

The metro’s rents continue to inflate amid job growth, a housing shortage and rent control measures.

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.

National Multifamily Report – Summer 2019

At mid-year, rent growth has stabilized at more than 3 percent and is expected to increase 2.6 percent for the full year, according to Yardi Matrix’s Summer 2019 U.S. Multifamily Outlook.

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.