Yardi Matrix: Fever Pitch—Atlanta Demand Heats Up
Atlanta’s multifamily market benefits from a diversified economy, a healthy development pipeline and high investor demand.
Economy Watch: More Than One-Third of Millennials Live with Parents
A combination of high rents, lower wages and student debt are having a negative impact on household formation among Millennials, according to a recent Abodo report.
January 2017
Commentary and data were supplied by Michael Neal, a senior economist with the National Association of Home Builders (NAHB).
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.
Top 5 NYC Multifamily Sales
PropertyShark compiled the top 5 sales in multifamily for February 2017 in New York City.
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.
Economy Watch: CRE Investors to Keep Up Buying in ’17
Investor appetite for non-core assets increased significantly in 2017, with industrial replacing multifamily as the most attractive asset type, according to CBRE’s recent investor intentions survey.