Multifamily (Matrix)
Charlotte’s Job Gains Sustain Rent Growth
Robust demographic expansion and steady employment growth continue to spur demand for multifamily product in the metro.
Employment Regains Momentum in Albuquerque
As job creation continues at an above-trend rate, the metro’s relative affordability could prompt migration into the state, bolstering multifamily demand.
Demand for Housing Outpaces Supply in Portland
The metro’s strong economy and positive demographics are contributing to a growing demand for rental housing, especially in the workforce category.
Job Gains Keep Absorption Steady in Richmond
Healthy absorption of new stock and job growth continue to boost the metro’s multifamily market, despite the area’s sluggish economy.
Detroit Keeps Its Composure
Multifamily investors continue to focus on suburban Class B and Class C assets, with acquisition yields hitting double digits.
Economic Growth Sustains Demand in Raleigh
With 7,400 multifamily units underway, the metro’s 2018 deliveries are likely to exceed last year’s and generate moderate rent growth, as well.
Rental Demand Eclipses Supply in San Diego
Demand for apartments is rising in the city, where employment and population gains—along with a high barrier to homeownership—sustain rent growth.
Demand Keeps Up With Surging Supply in Tampa
A tax-friendly environment and a high quality of life continue to attract new residents and businesses to the metro, maintaining multifamily rent growth above the U.S. average.
Twin Cities Occupancy Rates Remain Sky-High
Favorable demographic and employment trends sustain strong multifamily demand across the metro, where rent growth continues to outperform the national average.
Limited Deliveries Prop Up Inland Empire Rent Growth
The industrial sector continues to drive development in the area, bolstering demand for multifamily properties.