CBRE, Dallas, found multifamily fundamentals are beginning to stabilize, per first-quarter data.
Tag: Multifamily Rent Growth
MBA Chart of the Week–Multifamily: Rents Reverting
The pandemic did a number on the housing market.
CBRE: Multifamily Rental Growth Slows in Q3
CBRE, Dallas, found that average multifamily rent growth slowed to 0.7% year-over-year in the third quarter amid an influx of deliveries of new units.
Multifamily Rent Up for Third Consecutive Month, Yardi Matrix Finds
Yardi Matrix, Santa Barbara, Calif., found multifamily asking rents rose for the third straight month in May, with average rent up $7 to $1,716.
MBA Chart of the Week: Rent Growth–Year-over-Year Percentage Change
This week’s MBA Chart of the Week highlights a question related to housing costs and inflation: If home price appreciation and rent growth have been in double digits in the past few quarters—as highlighted by the (blue lined) Zillow Observed Rent Index in the chart—why is the shelter component (orange line) of the Consumer Price Index below 6%?