Yardi Matrix, Santa Barbara, Calif., found multifamily asking rents grew $17, or 0.9%, with year-over-year growth decelerating to 2.6% through the first five months of 2023.
Tag: Yardi Matrix
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.
Yardi Matrix: Insurance Rates a Growing Problem for CRE Owners
Rising insurance costs present a growing problem for commercial property owners, particularly in states with increasing climate-related risk such as Florida and Texas, reported Yardi Matrix, Santa Barbara, Calif.
Yardi Matrix: Record Student Housing Performance Last Year
The student housing industry is positioned for solid performance in 2023 after posting record returns last year, the latest National Student Housing Report from Yardi Matrix said.
Yardi: E-Commerce Propelling Industrial Sector
The e-commerce boom that started in 2020 is still propelling the U.S. industrial market, reported Yardi Matrix, Santa Barbara, Calif.
Adaptive Reuse Apartments Up 25% from Pre-Pandemic Numbers
Adaptive reuse apartments–other property types converted into apartments–have jumped 25% compared to pre-pandemic levels, reported RentCafe, Santa Barbara, Calif.
Yardi: Reshoring Trend Will Reshape Industrial Real Estate
Recent events have led U.S. firms to produce more goods domestically, which will likely “reshape” the domestic industrial sector, according to Yardi Matrix, Santa Barbara, Calif.
Multifamily Completions Jump; Rents Stall
Yardi Matrix, Santa Barbara, Calif., said multifamily construction reached a 50-year high, with 420,000 new apartments expected to deliver nationwide this year.
Apartment Rent Growth Moderates as Pipeline Swells
U.S. apartment rent growth moderated in July as apartment deliveries accelerated, according to new reports.
Single-Family Rent Growth Slows
CoreLogic, Irvine, Calif., said U.S. single-family rent growth slowed in June but remains elevated.