Research Center - Matrix

  • Rent Growth

    Rents were up 1.5% nationwide in May, down 40 basis points from April, 90 basis points from March and well below the 5.3% growth rate of a year ago. Deceleration is more than firmly established, as the year-over-year growth rate has decreased for 13 straight months since reaching 5.4% in April 2016. The last time the year-over-year increase was as low as 1.5% was in April 2011.

    19 June 2017 20:09
  • Sacramento Sets the Standard

    Although rents across the country have been decelerating in recent months, this California capital continues to outperform. While no longer in the double digits, its rent growth continues to lead major metros.

    19 June 2017 08:54
  • Tampa Stays Hot

    The metro's market is healthy, displaying solid fundamentals and producing strong growth. Robust investor interest and broad employment gains are driving demand across asset classes, with population growth leading to higher occupancy rates and rents.

    16 June 2017 13:36
  • Detroit: Far From Singing the Blues

    Despite numerous headwinds, the city is gamely bouncing back, thanks to concerted efforts by public and private sources to bring commerce and households back to the area.

    15 June 2017 13:07
  • San Antonio Lures Investors

    The city has a diversified economy and employment is growing in most industries. That has fueled demand for apartments, which is expected to remain high as the metro continues to add jobs and households at a rate above the national average, and as more residents move south to avoid the growing cost of housing in Austin.

    14 June 2017 13:42
  • Indianapolis: Full Speed Ahead

    Demand for apartments continues to be strong, thanks to the locale’s relative affordability. The city’s high-quality education system and skilled workforce attract residents and employers, propelling economic growth.

    13 June 2017 13:55
  • Overbuilding in Richmond?

    Following several years of strong supply, the area's multifamily market is shifting down a gear. With almost 20,000 units in the pipeline, the metro is at risk of overbuilding.

    12 June 2017 13:16
  • Three Strikes: Multifamily Growth Slows for Third Consecutive Month

    May 2017 marked the third consecutive month of rent growth deceleration and the 13th year-over-year slowdown, although development remains controlled.

    07 June 2017 13:42
  • LA: Affordable Housing Wanted

    Rent growth in the city is continuing at a rate double the national average, largely due to solid gains in a few key employment sectors and renter interest pivoting toward the area’s suburbs.

    02 June 2017 13:22
  • Portland’s Charm

    The city's multifamily demand remains elevated, fueled by a healthy job market and an influx of young people for professional and lifestyle purposes.

    01 June 2017 08:03
  • Nashville’s Supply Side Shines

    The area's multifamily fundamentals continue to be solid on most levels. With strong demand fueled by robust population gains and consistent job growth, the market remains a hot ticket for investors.

    31 May 2017 12:35
  • Rapid Growth in Raleigh-Durham

    The metro continues to appeal to investors which are being priced out or struggling to find high acquisition yields in major markets.

    30 May 2017 13:26
  • Charlotte’s Boom

    The area's multifamily market is one of the best-performing in the country, with healthy demand, job increases and strong growth potential.

    26 May 2017 13:18
  • Steady San Diego

    Gaining jobs across most sectors and rapidly adding residents, the city continues to be a strong and stable multifamily market.

    25 May 2017 12:24
  • Knoxville Gives It the Old College Try

    The metro’s economy has benefited from gains in a number of sectors, pushing investment sales to a new cycle high.

    24 May 2017 13:19