Research Center - Matrix

  • Economic Diversity Drives Growth in Columbus

    As the economy improves, the cost of living remains relatively affordable in Columbus, attracting more residents to the area and boosting multifamily demand. A business-friendly environment also draws investors and entrepreneurs to Ohio's largest city, prompting more people to rejoin the workforce.

    05 December 2017 15:33
  • Pittsburgh Reveals Its Strength

    Compared to other metros, Iron City remains an affordable place to live, with rent averaging $1,054 as of September.

    01 December 2017 17:22
  • Jobs, Population Growth Sustain Demand in San Jose

    A competitive economy is keeping the metro's unemployment rate down. With Silicon Valley continuing to expand, demand for rentals is likely to remain healthy, albeit less frothy.

    01 December 2017 16:49
  • Startup Scene Boosts Arch City Rental Market

    Following the path of other Midwestern metros, St. Louis is slowly transforming from an industrial center into a modern city with solid job gains in the health-care, business and technology sectors.

    30 November 2017 15:31
  • Demand Breaks Records in Salt Lake City

    Solid employment gains are producing a high demand for apartments across the metro, which continues to attract investors and developers alike.

    29 November 2017 14:04
  • Rents Contract as New Units Come Online in Brooklyn

    Brooklyn is seeing an explosive expansion of office-using industries and the tax environment is having a positive effect on multifamily construction and on future affordable housing development.

    27 November 2017 15:35
  • Supply Compresses Rent Growth in Manhattan

    Employment growth persisted this year, despite some significant losses in the information and manufacturing industries. Meanwhile, investment activity has started to slow.

    27 November 2017 14:17
  • Rent Deceleration Continues in San Francisco

    The metro’s economy is strong and market indicators reflect continued growth, albeit at a slower pace than a couple of years ago. As supply continues to catch up with demand, Yardi Matrix expects rents to rise 0.8 percent in 2017.

    22 November 2017 13:36
  • Sacramento Market Maintains Robust Rent Growth

    While investment activity has slightly tempered in the city, property values have skyrocketed, boosting average per-unit prices to $160,000. New supply remains limited, as only 900 units will be added to the market in 2017.

    30 October 2017 13:30
  • Rent Growth

    U.S. monthly rents were flat in September, remaining at $1,354, yet they continue to decelerate on a year-over-year basis. Rents were up 2.2% nationwide in September, a 10-basis-point decline from August. After a strong first half, in which average rents grew by $33, they experienced a summer slowdown, increasing by only $1 in the third quarter.

    30 October 2017 13:02
  • Detroit’s Slow Acceleration

    The metro is on the verge of an economic turnaround, largely due to its broad-based employment growth. This restoration is reflected in the local multifamily market’s improving fundamentals, as well.

    27 October 2017 13:46
  • Albuquerque: Duke City Strives to End Woes

    The metro has one of the highest unemployment rates in the nation and moderate population growth, yet its real estate fundamentals continue to lag those of neighboring areas.

    26 October 2017 14:35
  • Broad-Based Employment Fuels Demand in Indianapolis

    Indianapolis is among the nation’s top cities for finding and maintaining a job, as evidenced in a new study compiled by job search website Glassdoor.

    25 October 2017 12:27
  • Job Growth Keeps Market Steady in Miami

    The metro’s economic profile is diverse, but education and health services; leisure and hospitality; and trade, transportation and utilities continue to drive employment.

    24 October 2017 14:56
  • High-Paying Jobs Add to Upscale Demand in Richmond

    Although overall employment growth is tepid and continues to trail the national rate, the metro’s economy is slowly but steadily diversifying, drawing investors and large projects.

    23 October 2017 13:45