The multifamily market produced exceptional rent growth in the first half of 2022, driven by robust household formation, strong employment growth and households getting frozen out of homeownership, said Yardi Matrix, Santa Barbara, Calif., The sector, however, is at an inflection point as soaring inflation prompts the Federal Reserve to raise interest rates to reduce growth.
Tag: Yardi Matrix
Yardi Matrix: Multifamily Outlook Hopeful Amid Volatile Economy
The multifamily market produced exceptional rent growth in the first half of 2022, driven by robust household formation, strong employment growth and households getting frozen out of homeownership, said Yardi Matrix, Santa Barbara, Calif., The sector, however, is at an inflection point as soaring inflation prompts the Federal Reserve to raise interest rates to reduce growth.
Multifamily Posts Broad Gains; Asking Rents Top $2,000
Multifamily performance continued its strong run in May, reported Yardi Matrix, Santa Barbara, Calif. In a separate report, Redfin, Seattle, said median monthly asking rents topped $2,000 for the first time.
Office Pipeline Evolves Post-Pandemic
The shift to remote and hybrid work is shrinking the new office supply pipeline, but many developers believe the right project in the right location still makes sense, reported Yardi Matrix, Santa Barbara, Calif.
Solid Apartment Rent Gains Continue
Multifamily rent growth continues to exceed normal seasonal patterns, reports said.
Return to Office? Still a Work in Progress
Despite growing sentiment among companies, politicians and even cabin fever-infected workers to return to post-covid operations, reports show returning to the office is still a long way from normal.
Multifamily Starts 2022 Strong
The multifamily market saw solid rent gains in January–normally a tepid month for rent growth, reported Yardi Matrix, Santa Barbara, Calif.
Student Housing Fundamentals Show Resiliency
Yardi Matrix, Santa Barbara, Calif., reported student housing sector fundamentals remain strong as pre-leasing for the 2022 fall semester ramps up.
Ask an Analyst: Talking About ESG & CRE Implications With Paul Fiorilla
Paul Fiorilla is Director of Research at Yardi Matrix. His research covers all facets of commercial real estate and he recently published a report highlighting different environmental risk levels across metro areas in the U.S. MBA Newslink interviewed him about the implications of recent environmental, social and governance trends.
Ask an Analyst: Talking About ESG & CRE Implications With Paul Fiorilla
Paul Fiorilla is Director of Research at Yardi Matrix. His research covers all facets of commercial real estate and he recently published a report highlighting different environmental risk levels across metro areas in the U.S. MBA Newslink interviewed him about the implications of recent environmental, social and governance trends.