Yardi Matrix, Santa Barbara, Calif., reported multifamily rents changed little in August, pointing to seasonality and rising uncertainty about consumers’ financial health.
Tag: Multifamily Rents
Multifamily, Single-Family Rents Fall Slightly in October, Yardi Matrix Finds
Yardi Matrix, Santa Barbara, Calif., reported that multifamily advertised rents fell $3 to an average of $1,748 in October.
Yardi Matrix: Multifamily Rents Flat in August
Yardi Matrix, Santa Barbara, Calif., released its data on multifamily rents in August, finding that they were essentially flat, with just a $1 drop to $1,741 from July. Year-over-year growth was unchanged at 0.8%.
MBA Chart of the Week–Multifamily: Rents Reverting
The pandemic did a number on the housing market.
Yardi Matrix: Multifamily Rents Rose Slightly in February
Yardi Matrix, Santa Barbara, Calif., reported the average multifamily asking rent rose $1 in February to $1,713, the first increase in seven months. Year-over-year growth remained flat at 0.6%.