Reports and Materials

Forecasts and Reviews
Publish Date  
10/15/2021Multifamily Rent Forecast Update - OctoberMonthly multifamily rent forecast update

Rent growth is beginning to abate and is expected to return to more familiar territory next year. However, uncertainty persists due to a clogged supply chain, weaker-than-expected jobs growth and other pandemic-induced maladies.

8/5/2021Multifamily Rent Forecast Update - July 2021Monthly multifamily rent forecast update

Rent increases in higher-end buildings drives another month of record growth, but high volatility is expected to persist in the short term. However, upward pressure on lower-end wages should provide strong support for continued rent increases for workforce housing across markets.

6/30/2021Multifamily Rent Forecast Update - June 2021Multifamily rents rebound

Record-setting month-over-month rent increases in some markets seem likely to continue until fall. The gateway cities, which have been slower to recover, are showing signs of life again and should see rent growth acceleration into 2022. Mounting concerns of an extended inflationary period threaten to pump the brakes on a white-hot recovery.

8/19/2020Matrix Covid-19 MethodologyMatrix Covid-19 Methodology
9/11/2017Hurricane Harvey Special Report (PDF)Hurricane Harvey: Impact on Houston's Multifamily Market and Economy
3/30/2017Self-Storage Introduction (PDF)Self-Storage key features and market coverage, March 2017
Matrix Research Bulletins
Publish Date  
9/7/2022Matrix Bulletin-RVBoat Storage-August 2022RV/Boat Storage Embodies Emerging Niche

Supply of new storage facilities for recreational vehicles and boats has failed to meet demand, as post-pandemic sales of the “adult toys” have reached record highs. Yardi Matrix’s first-of-its-kind database of RV/boat storage facilities demonstrates the segment’s outsize potential for rapid growth.

8/19/2022Matrix Bulletin-Multifamily Forecast-July 2022Multifamily Outlook Still Strong Despite Decelerating Growth

July marked a significant slowdown in rent appreciation, but that is seasonally typical. Supply and demand fundamentals remain favorable for multifamily, marked by a strong job market, higher mortgage rates and an undersupply of apartments across the country. As a result, rent growth will remain solid through the end of the year.

8/2/2022Matrix Bulletin-SFR Sector-July 2022Rate Hikes Alter Institutions’ SFR Strategies

The recent increase in interest rates is forcing institutions to reassess growth strategies in the single-family rental market. Institutions have allocated tens of billions of dollars to the sector in recent years. Growth in the near future, however, may be concentrated on build-to-rent projects, which are being delivered at record levels.

7/4/2022Matrix Bulletin-Multifamily Forecast-June 2022Despite turbulence, multifamily poised for a strong year

Forty-year-high inflation is forcing the Fed to move quickly in raising interest rates, but the job market remains very strong. While the chance of a recession in the next 18 months has increased, we still see a less than 50% chance of that happening. Strong demographics and limited supply will keep apartment rent growth strong throughout the year.

6/9/2022Matrix-Bulletin-Pandemic Impact on Multifamily-June 2022Will Multifamily Demand Drivers Continue to Be Disrupted?

Traditional drivers of multifamily rent growth were upended during the pandemic, first as shelter-in-place policies led to massive job losses and migration, and then as the employment rebound and loosening of restrictions caused demand to skyrocket. What are the implications for multifamily going forward?

5/25/2022Matrix Bulletin-Repeat Multifamily Trading-May 2022 
4/25/2022Matrix Bulletin-Multifamily Forecast-April 2022Multifamily Well-Positioned to Withstand Obstacles in 2022

The Federal Reserve will aggressively raise interest rates through the remainder of the year, but an extraordinarily tight labor market should provide protection from a deep recession. The war in Ukraine threatens to further exacerbate some supply-chain challenges and could keep energy and food prices at elevated levels, but fundamental supply and demand forces in multifamily will keep the sector strong.

3/8/2022Matrix Bulletin-RVBoat Storage-March 2022Yardi Unveils New RV/Boat Storage Database

Americans are buying recreational vehicles and boats at record levels, in part due to trends exacerbated by the pandemic. That’s creating a surge in demand for storage facilities that focus on servicing large vehicles. Yardi Matrix, the leading provider of data for the self storage industry, has stepped into the breach with the first national database of RV/boat exclusive storage facilities.

2/17/2022Multifamily Rent Forecast Update 
12/20/2021Matrix Bulletin-Multifamily Forecast-December 2021Multifamily Poised for Strong Rent Growth in 2022

Rent growth slowed somewhat in November but remains historically high as we approach the new year. And it is not the only area with notable increase. Though Omicron actually seems unlikely to cause severe disruptions, inflation is focusing all eyes on the Fed to guide the economy to a soft landing.

11/30/2021Matrix Bulletin-Mezzanine Debt-November 2021First Study of High-Yield Debt Evaluates Performance

Usage of high-yield debt has increased in recent years, despite limited historical data and the high rate of defaults on mezzanine loans in the wake of the global financial crisis. A first-ever study of high-yield debt provides a glimpse into the sector’s performance and some insights for the real estate market going forward.

11/3/2021Matrix Bulletin-Absorption Paper-October 2021Gateway Metros Bounce Back Amid Apartment Demand Boom

White-hot demand for housing across the country pushed multifamily absorption to an annual high just three quarters into 2021, according to Yardi Matrix data. The news is particularly good for gateway metros, which had negative absorption in 2020 due to the pandemic but have posted the highest absorption numbers so far in 2021.

9/28/2021Matrix Bulletin-Industrial Demand Paper-September 2021No Letup in Sight for Industrial Demand

Demand for industrial real estate has been transformed by the e-commerce revolution and growth in consumer spending. Total stock has jumped in recent years, while an unprecedented amount of new supply is in the pipeline. Will the key drivers of demand continue to support this growth, and what metros will see the biggest impact?

7/22/2021Matrix Bulletin-SFR Sector-July 2021New Yardi Matrix data tracks growing SFR sector

The COVID-19 pandemic has boosted demand for single-family rentals, prompting institutions to commit billions of dollars to the sector. Many institutions are finding SFR investments to be most efficient in large communities and are increasingly building their own. This paper highlights SFRs’ scope and property performance, collected by Yardi Matrix on more than 80,000 units.

7/22/2021BOMA Impact Study Phase 2 Full ReportBOMA International Q2 2021 Nationwide COVID-19 Impact Study

The Q2 2021 BOMA International COVID-19 Commercial Real Estate Impact Study reveals that optimism around the return to the office is growing, mediated by tenants’ increasing clarity around the new normal of office and remote work practices. This is the second in a series of studies commissioned by BOMA International, underwritten by Yardi and developed by Brightline Strategies.

7/16/2021Matrix Bulletin-ESG Report-July 2021Yardi Matrix study ranks metros by environmental risk

Environmental risk has been pushed to the forefront of commercial real estate by the growing number of weather disasters and concerns about climate change. Which markets pose the most risk to property owners? To find out, Yardi Matrix created a scorecard that grades metros on environmental factors and government response.

6/29/2021Matrix Bulletin-Office Analysis-June 2021Offices face more empty space post-pandemic

COVID-19 has transformed the office market, with empty spaces growing as companies implement flexible work schedules. Growing sublease space and shrinking demand have increased the U.S. vacancy rate by 240 basis points since April 2020, according to a new analysis by Yardi Matrix. What’s more, vacancy rates could rise significantly higher, depending on how companies handle return to work.

6/17/2021Matrix Bulletin-Pandemic Rent Growth vs Educational Attainment-June 2021How remote work changes asking rents

Multifamily rent growth was impacted as the pandemic forced work from home across many different industries. How soon will rents recover? This report evaluates the role of higher education in predicting market-specific rent growth prospects as the nation emerges from COVID-19.

4/21/2021Matrix Bulletin-Occupancy Paper-April 2021Multifamily’s quick pandemic recovery has exceptions

Multifamily performance has rebounded quickly from the pandemic slowdown, with the exception of properties in urban gateway metro submarkets. According to a study of 78,000 properties in Yardi Matrix’s database, large occupancy declines in the last year have been concentrated in a handful of cities that may take years to recover.

3/3/2021Matrix Bulletin-Absorption Paper-March 2021Multifamily Absorption Surprisingly Strong in 2020

Absorption of multifamily properties topped 250,000 units in 2020, an unexpectedly robust showing given the impact of COVID-19. Fast-growing secondary metros such as Dallas, Atlanta and Denver saw the highest absorption, while growth was negative in high-cost coastal metros. Although the industry faces challenges in 2021, the durability of demand is a good sign moving forward.

2/9/2021Matrix Bulletin-Office Transactions-January 2021Office investors take wait-and-see approach

U.S. office property sales were heavily impacted by the COVID-19 fallout in 2020, dropping by nearly half year-over-year to $56.1 billion. However, the short-term loss of sales is likely just the beginning of the pandemic’s lasting impact on the office sector. There are numerous questions about future work-from-home trends and corporate office space needs, with the answers uncertain for now. Investors are watching closely to see where the sector lands.

2/1/2021Matrix Multifamily Concessions Bulletin-January 2021Concessions’ Rise and Fall Point to Market Reset

Multifamily concessions rose sharply in the spring and fall of 2020 as multifamily demand waned due to job losses and social distancing measures. The impact was felt most in high-cost gateway markets, while secondary and tertiary markets benefited from the shift in demand. Concessions declined in the fourth quarter, raising possibilities that demand is recovering or rents are being reset.

1/18/2021Matrix Self Storage Bulletin-January 2021Self Storage’s Recovering Transaction Activity

Uncertainty caused self storage investment activity to stall during 2020’s second quarter, as’ with other commercial property types. The disruption appears to have been short-lived, however, as storage transactions began picking up again in the second half of the year.

12/17/2020BOMA YARDI Covid19 Commercial ImpactWhile COVID-19 continues to be a disruptive force for the office sector and its occupiers, the perceived value of the office as a key ingredient of business success remains strong. That is one of the major takeaways from a groundbreaking, nationwide study of more than 3,000 U.S. office space decision-makers commissioned by BOMA International, underwritten by Yardi and developed by Brightline Strategies.
12/17/2020Matrix Bulletin-Multifamily Transactions-December 2020Multifamily Transactions Down, but Set to Rebound

After record multifamily transaction volume in 2019, sales plunged in 2020 due to COVID-19. The impact, however, wasn’t felt evenly across the country. A new white paper from Yardi Matrix looks at how sales activity changed, which regions were affected the most, and how investor demand will impact pricing and sales volume going forward.

12/1/2020BOMA COVID-19 Impact Study Executive SummaryBOMA COVID-19 Impact Study Executive Summary
11/23/2020Matrix Bulletin-Employment-November 2020COVID Job Losses: All Things Not Equal

Job losses during COVID-19 have varied greatly by metro. An analysis by Yardi Matrix found that metros with large tourism concentrations and high-cost Gateway metros fared the worst, while growing Sun Belt and Midwest markets lost the fewest jobs. However, the numbers provide hope for struggling markets to recover post-pandemic.

10/9/2020Matrix Student Housing Bulletin-October 2020How Is Student Housing Holding Up Amidst the Changing Academic Environment?
10/6/2020How Durable Is Multifamily DemandApartment demand rebounded in the third quarter in many metros, a good sign for the industry after a weak first half that was caused in large part by the fallout from COVID-19.
9/11/2020Matrix CMBS Bulletin-September 2020Matrix CMBS Bulletin-September 2020
8/17/2020Matrix Bulletin-Distress Properties-August 2020Matrix Bulletin-Distress Properties-August 2020
7/3/2020COVID-19 - A Game Changer for MultifamilyThe COVID-19 pandemic ended years of healthy multifamily fundamentals. Will the industry’s pain be short-lived or the start of a new trend that is less favorable for the sector
5/25/2020Employment Research Bulletin - May 2020Employment losses caused by the COVID-19 pandemic have been unevenly spread across the economy. Yardi Matrix studied which metros have the highest concentration of jobs in finance, professional and technical services, and government—sectors that have lost the lowest proportion of jobs.
4/8/2020Employment Research Bulletin - April 2020April Employment Research Bulletin - Which Metros Have the Most Employment Risk?
3/6/2020Matrix Bulletin-Multifamily Regional Trends-March 2020Matrix Bulletin-Multifamily Regional Trends-March 2020
1/22/2020Matrix Research Bulletin - Debt Funds - January 2020Matrix Research Bulletin - Debt Funds - January 2020
1/3/2020Rent Control - December 2019Matrix Bulletin - Rent Control - December 2019
11/1/2019Matrix Bulletin Coworking-October2019Matrix Bulletin Coworking-October2019
10/16/2019Matrix Bulletin-NABE Roundup 2019Matrix Bulletin-NABE Roundup 2019
10/1/2019Matrix Bulletin ULI Hipsturbia-September 2019Matrix Bulletin ULI Hipsturbia-September 2019
10/1/2019Matrix Bulletin GSE Reform-October 2019Matrix Bulletin GSE Reform-October 2019
8/14/2019Opportunity Zones and Affordable HousingOpportunity Zones and Affordable Housing: Perfect Together? (PDF)
8/1/2019Migratory PatternsMigratory Patterns: U.S. Population Flying South and West (PDF)
7/24/2019New York Rent ControlNew York Rent Control: Paved With Good Intentions
6/26/2019FTA Presentation June 2019FTA Presentation June 2019
3/13/2019Big Opportunity for Investors Mar 2019The Big Opportunity for Investors in Opportunity Zones
3/5/2019The Rise of Debt FundsGrowing debt funds and non-traditional lending sources impact on commercial mortgage landscape
12/12/2018Shared Space Special ReportShared Space : Disrupting The Traditional Office
11/30/2018Loan Originations Wane Despite DemandLoan Originations Wane Despite Demand for Apartments and Office
10/31/2018Timing of the Next Downturn and What it Means For Commercial Real EstateTick,Tock: Timing of the Next Downturn and What it Means For Commercial Real Estate
9/25/2018Tax Break Creates New Frontiers of OpportunityDefer or avoid capital gains taxes by reinvesting in Opportunity Zones
7/31/2018Banks Eat More of the Commercial Mortgage PieRegional/Local Banks Eat More of the Commercial Mortgage Pie: When is Enough?
6/12/2018Matrix-Multifamily-Demand-Jun-2018US Multifamily Supply and Demand Forecast by Metro
5/25/2018Stability Encumbers CMBS MarketStability Encumbers CMBS Market
5/23/2018Multifamily Market UpdateToday’s Multifamily: A Game for Sharpshooters
4/24/2018As Interest Rates RiseAs Interest Rates Rise, Where Do Valuations and Transaction Volumes Go?
3/14/2018March 2018 NABE ConferenceEconomists See Clouds in the Silver Lining
3/13/2018Why Multifamily Rents Are DeceleratingIt’s the Occupancy: Why Multifamily Rents Are Decelerating
2/26/2018Multifamily Sectors Response to Natural DisastersFlood and Fire: The Multifamily Sector’s Response to Natural Disasters
2/6/2018Shared Space Special Report Feb 2018Shared Space: Coworking’s Rising Star
1/18/2018January 2018 Research BulletinContinued growth of commercial real estate industry and capital markets
12/11/2017CRE Market Has Mezzanine-Loan IndexAt long last, the CRE Market has a Mezzanine-Loan Index
11/29/2017Multifamily Research Bulletin - Nov 2017Multifamily deliveries slow as worker scarcity increases construction times
10/24/2017Matrix Viewpoint Research Bulletin - Oct 2017Yardi Matrix Viewpoint October 2017
10/10/2017Economic Consensus Research Bulletin - Sep 2017Economic Consensus Masks Uncertainties
8/4/2017Retail Mall Research Bulletin - Aug 2017Uncertainty About Retailers Curtails Mall Deal Activity
8/4/2017Newark Research Bulletin - Aug 2017Newark Dreams to Join Ranks of Destination Cities
6/9/2017CMBS Research Bulletin - Jun 2017CMBS Walks a Fine Line in 2017
5/24/2017Retail Research Bulletin - Spr 2017Retail Scuffles, But All Is Not Lost
4/20/2017Industrial Research Bulletin - Apr 2017Typically a Turtle, Industrial Could Be Real Estate’s New Hare
4/20/2017Fix Lending Rules Research Bulletin - Apr 2017Trade Groups in Effort to Fix Bank Lending Rules
3/22/2017NABE Regulatory Research Bulletin - Mar 2017NABE Special Report: Regulatory Enforcement in the Trump Era
3/22/2017NABE Prospects Research Bulletin - Mar 2017NABE Special Report: Prospects Dim For Higher Economic Growth
3/13/2017Self Storage Research Bulletin - Mar 2017Will the wave of self-storage construction, leave us with too much supply?
3/10/2017Market Analysis Research Bulletin - Win 2017Is Slowing Volume a Sign of Price Decline?
2/8/2017Employment Research Bulletin - Jan 2017Central Florida, Utah Top Metro Job Rankings
2/8/2017NMHC Research Bulletin - Jan 2017Trump Ushers in Optimism and Caution
1/20/2017Trump Era Research Bulletin - Jan 2017Trump Era: Mix of Optimism, Uncertainty in CMBS
Yardi Matrix National Multifamily Report
Publish Date  
9/8/2022Matrix Multifamily National Report-August 2022Headline: Multifamily Rent Growth Slows, But Still Strong

U.S. multifamily performance remains strong. Despite a deceleration in rent growth, asking rents are up 12.6% year-over-year through July, as demand continues to exceed supply. The National Multifamily Housing Council estimates that the U.S. needs 4.3 million new units built through 2035 to meet demand.

8/10/2022Matrix Multifamily National Report-July 2022Multifamily Rent Growth Slows, But Still Strong

U.S. multifamily performance remains strong. Despite a deceleration in rent growth, asking rents are up 12.6% year-over-year through July, as demand continues to exceed supply. The National Multifamily Housing Council estimates that the U.S. needs 4.3 million new units built through 2035 to meet demand.

7/12/2022Matrix Multifamily National Report-June 2022No Swoon, Multifamily Rents Rise in June

Multifamily continued its strong rent growth in June, with average U.S. asking rents rising $19 for the month to an all-time high of $1,706. Robust household formation is driving demand, as people who lived with family or friends during the pandemic have formed independent households. However, absorption is slowing, presaging a second-half deceleration.

6/8/2022Matrix Multifamily National Report-May 2022Another Solid Month for Multifamily Rents

Multifamily performance continued its strong run in May. Year-over-year rent growth decelerated slightly to 13.9%, but demand remains robust and broad-based regionally. That said, occupancy data shows signs of possible deceleration, and increased interest rates are creating questions about the durability of property values

5/11/2022Matrix Multifamily National Report-April 2022Multifamily Rent Growth Slow to Decelerate

Weakening U.S. economic growth has not stopped multifamily rents in their upward climb, as average asking rents rose $15 in April to an all-time high. The rate of growth remains elevated due to strong demand and a long-term shortage of housing that analysts estimate is between 2 million and 5 million units.

4/1/2022Matrix Multifamily National Report-March 2022Multifamily Has Strong Quarter as Headwinds Grow

Multifamily rents surged again in March, as rent growth hit a record high for a first quarter. Demand is expected to remain healthy, but rent growth is likely to decelerate as concerns grow about the economy. Inflation is moderating slowly, and rising rents and energy prices may keep it elevated longer than expected.

3/24/2022Matrix Multifamily National Report-February 2022Strong Occupancy Growth Boosts Multifamily

Multifamily demand remained strong in February, as the industry prepares to enter the spring leasing season. Occupancy rates are extremely high in markets across the country, with housing demand outstripping supply. Rent growth once again rose to record levels, although the pace is likely to decelerate in coming months.

2/5/2022Matrix Multifamily National Report-January 2022January Heralds 2022 With Promising Start

U.S. multifamily rents rose moderately in January, a mid-winter month when growth is normally tepid. Demand drivers remain healthy, producing strong rent and occupancy performance and attracting debt and equity investors into the sector. Property sales, pricing and mortgage origination are at all-time peaks.

1/6/2022Matrix Multifamily National Report-December 2021After Record Year, What’s in Store for 2022?

The multifamily market closed the book on 2021 with strong performance, a good end to a year that featured robust demand and record annual rent growth. Although a repeat of 2021 is not likely, many of the trends that led to the stellar performance remain intact.

12/31/2021Matrix Multifamily National Report-November 2021Multifamily Outlook Strong Despite Rent Deceleration

U.S. multifamily rent growth moderated in November, increasing only $4 over the previous month. Rent growth is likely to slow further, but demand should continue to be robust. Read more about this and other trends in Matrix’s November National Multifamily Report!

12/1/2021Matrix Multifamily National Report-October 2021Multifamily Rents Increase, Occupancy Demand Continues

National average asking rents are up 13.7% YoY in October, reaching an all-time high of $1,572. Average U.S. occupancy also broke records this month, reaching a high of 96.1% in September for stabilized properties. Single family home rents also continued to grow.

10/6/2021Matrix Multifamily National Report-September 2021Another Record Month for Multifamily Rents

Multifamily asking rents continue to soar. Average U.S. asking rents rose $16 in September to an all-time high of $1,558 and are up a record 11.4% year-over-year. However, there are signs of deceleration, as September’s rent growth was the smallest recorded since the surge began in February.

9/8/2021Matrix Multifamily National Report- August 2021Asking Rent Growth Breaks Records Nationwide

National asking rents increased by 10.3% in August, the first double-digit increase in the history of our data set, as nearly all the metros Yardi Matrix tracks exhibited positive YoY rent growth in August. The recovery in rents is widespread, fueled by job growth, excess savings and a return to urban cores.

8/9/2021Matrix Multifamily National Report-July 2021Another Record-Breaking Month for Multifamily

The multifamily industry had another record-setting month with rents increasing by 8.3% YoY. The recovery is no longer limited to the Southeast and Southwest metros that fared well during the pandemic, gateway markets are also making a major comeback. Rents for single-family rentals in build-to-rent communities continue to grow at an even faster pace than multifamily, with national rents up 12.8% YoY.

7/20/2021Matrix Multifamily National Report-June 2021Multifamily asking rent growth spikes

Across the country, multifamily rents have skyrocketed. Year-over-year rents are up by double digits in nine of the top 30 markets, while national YoY rent growth is up 6.3%. Emerging from the pandemic, a perfect storm of migration, enhanced government stimulus and a hot housing market, among other factors, has enabled this historic growth.

6/15/2021Matrix Multifamily National Report-May 2021Multifamily market reaches pre-pandemic performance levels

The multifamily sector had another record-breaking month in May, with national rents recording their greatest increase in the history of our data set. All top 30 metros had positive month-over-month rent growth for the second consecutive month, with New York’s rent growth far surpassing the other metros.

5/11/2021Matrix Multifamily National Report-April 2021National average rent increase signals multifamily strength

For the first time since March 2020, all top 30 markets had positive month-over-month rent growth. But the real sign of recovery was the improved performance in many gateway markets.

3/24/2021Matrix Multifamily National Report-March 2021Multifamily Market Starts Off 2021 With a Strong First Quarter

Affordable metros in the West and Southeast continue to be the clear winners coming out of the pandemic. But even expensive coastal and gateway markets have begun to bounce back, albeit slowly.

3/15/2021Matrix Multifamily National Report-February 2021Economic recovery is underway

Many markets experienced strong year-over-year rent growth in February, while others have begun to recover following rent declines in the summer and fall. However, urban cores continue to see rent declines. A major factor in their ability to bounce back is the percentage of the workforce that remains remote once the pandemic subsides.

2/2/2021Matrix Multifamily National Report-January 2021Signs of hope emerge for some gateway markets

Nationally, rents remained relatively flat in January, declining by 0.2% on a year-over-year basis. On the market level, some gateway markets appear to have hit bottom, while low-cost tertiary and secondary markets continue to see strong rent growth.

1/12/2021Matrix Multifamily National Report-December 2020Exodus from gateway markets drives rent declines

Nationally, multifamily rents ended the year relatively flat, with a slight downward tilt. But the extreme bifurcation between expensive gateway markets and their neighboring lower-cost metros continued into December. Get a complete recap of December market performance in our latest report.

12/9/2020Matrix Multifamily National Report - November 2020Midwestern Markets Shine while Gateway Cities Sputter

National rents declined for the sixth consecutive month. However, many tech hub and tertiary markets are performing extremely well. Rents in many Midwest and even some Northeast markets have seen consistent growth, possibly benefitting from the exodus out of expensive gateway markets. Explore our latest report to learn how the top 30 markets ranked in terms of rent growth in the month of November.

11/10/2020Matrix Multifamily National Report-October 2020Growing Divergence Between Primary, Secondary Markets
10/7/2020Matrix Multifamily National Report-September 2020COVID-19 Accelerated Decline of Underperforming Metros
9/2/2020Matrix Multifamily National Report-August 2020Matrix Multifamily National Report-August 2020
7/29/2020Matrix Multifamily National Report-July 2020Matrix Multifamily National Report-July 2020
7/16/2020Matrix Multifamily National Report-June 2020Matrix Multifamily National Report-June 2020
6/4/2020Matrix Multifamily National-May 2020Matrix Multifamily National-May 2020
5/11/2020Matrix National Multifamily Report - April 2020Matrix National Multifamily Report - April 2020
3/31/2020Matrix National Multifamily Report-March 2020Matrix National Multifamily Report-March 2020
3/12/2020Matrix National Multifamily Report-February 2020Matrix National Multifamily Report-February 2020
2/5/2020Matrix Multifamily National Report-January 2020Multifamily National Report-January 2020
1/10/2020Matrix Multifamily National Report-December 2019Multifamily National Report - December 2019
12/3/2019Matrix Monthly - November 2019Yardi Matrix National Multifamily Report - November, 2019
11/12/2019Matrix Monthly - October 2019Yardi Matrix National Multifamily Report - October, 2019
10/3/2019Matrix Monthly - September 2019Yardi Matrix National Multifamily Report - September, 2019
9/6/2019Matrix Monthly - August 2019Yardi Matrix National Multifamily Report - August, 2019
8/7/2019Matrix Monthly - July 2019Yardi Matrix National Multifamily Report - July, 2019
7/9/2019Matrix Monthly - June 2019Yardi Matrix National Multifamily Report - June, 2019
6/5/2019Matrix Monthly - May 2019Yardi Matrix National Multifamily Report - May, 2019
5/8/2019Matrix Monthly - April 2019Yardi Matrix National Multifamily Report - April, 2019
4/3/2019Matrix Monthly - March 2019Yardi Matrix National Multifamily Report - March, 2019
3/15/2019Matrix Monthly - February 2019Yardi Matrix National Multifamily Report - February, 2019
2/1/2019Matrix Monthly - January 2019Yardi Matrix National Multifamily Report - January, 2019
1/7/2019Matrix Monthly - December 2018The Matrix Monthly December Report, 2018
11/30/2018Matrix Monthly - November 2018The Matrix Monthly November Report, 2018
11/9/2018Matrix Monthly - October 2018The Matrix Monthly October Report, 2018
10/3/2018Matrix Monthly - September 2018The Matrix Monthly September Report, 2018
8/31/2018Matrix Monthly - August 2018The Matrix Monthly August Report, 2018
8/1/2018Matrix Monthly - July 2018The Matrix Monthly July Report, 2018
7/6/2018Matrix Monthly - June 2018The Matrix Monthly June Report, 2018
5/29/2018Matrix Monthly - May 2018The Matrix Monthly May Report, 2018
5/3/2018Matrix Monthly - April 2018The Matrix Monthly April Report, 2018
3/29/2018Matrix Monthly - March 2018The Matrix Monthly March Report, 2018
3/9/2018Matrix Monthly - February 2018The Matrix Monthly February Report, 2018
1/30/2018Matrix Monthly - January 2018The Matrix Monthly January Report, 2018
1/4/2018Matrix Monthly - December 2017The Matrix Monthly December Report, 2017
11/29/2017Matrix Monthly - November 2017The Matrix Monthly November Report, 2017
11/9/2017Matrix Monthly - October 2017The Matrix Monthly October Report, 2017
10/3/2017Matrix Monthly - September 2017The Matrix Monthly September Report, 2017
8/29/2017Matrix Monthly - August 2017The Matrix Monthly August Report, 2017
8/1/2017Matrix Monthly - July 2017The Matrix Monthly July Report, 2017
7/25/2017Matrix Monthly - June 2017The Matrix Monthly June Report, 2017
5/31/2017Matrix Monthly - May 2017The Matrix Monthly May Report, 2017
5/2/2017Matrix Monthly - April 2017The Matrix Monthly April Report, 2017
3/29/2017Matrix Monthly - March 2017The Matrix Monthly March Report, 2017
3/7/2017Matrix Monthly - February 2017The Matrix Monthly February Report, 2017
2/1/2017Matrix Monthly - January 2017The Matrix Monthly January Report, 2017
Yardi Matrix National Self Storage Report
Publish Date  
9/22/2022Matrix National Self Storage Monthly-September 2022Street Rate Growth Continues to Moderate

Self storage street rates fell slightly from their record highs in August, as rate growth moderated both at the national level and in most metros. Despite a slowdown in rate performance, demand for storage remains healthy and development activity continues to increase.

8/18/2022Matrix National Self Storage Monthly-August 2022Self storage rates maintain record highs amid continued demand

Although street rate growth is moderating, strong demand kept rates at record highs in July. The healthy fundamentals are attracting developers, driving an increase in the new-supply pipeline.

7/21/2022Matrix National Self Storage Monthly-July 2022Strong Demand Continues to Drive Self Storage Growth

Benefiting from robust demand, self storage performance remains strong and street rates continued to rise in June. Incentivized by the sector’s healthy fundamentals, the development pipeline also continued to grow through the first half of the year.

6/20/2022Matrix National Self Storage Monthly-June 2022Self storage street rates continue to rise

The self storage sector is still benefiting from strong demand driven by a variety of factors. That has allowed operators to increase street rates while maintaining occupancy, allowing national street rates to reach an all-time high in May.

5/25/2022Matrix National Self Storage Monthly-May 2022Strong Storage Demand Continues to Drive Up Rates

As the traditional busy season begins for self storage, street rates continued to increase nationwide in April. There is no slowdown in momentum for the sector, which continues to see strong demand among new customers as well as an uptick in both renewals and length of stay among existing customers.

4/20/2022Matrix National Self Storage Monthly-April 2022Self storage rate growth moderates

After a year of rapid increases, street rate performance cooled over the winter. However, seasonal growth is expected to return during the next several months, if with more modest rate gains than a year ago.

3/21/2022Matrix National Self Storage Monthly-March 2022Strong Spring Ahead for Self Storage

Street rates remained flat in February, but fundamentals were solid, enabling property owners to maintain 2021 gains. Continued pandemic-fueled demand is positioning the self storage industry for a strong spring rental season in 2022, with resultant healthy rent gains, particularly in Southeast and Southwest markets.

2/17/2022Matrix National Self Storage Monthly-February 2022With Demand Strong, Storage Operators Maintain High Street Rates

Self storage fundamentals were healthy in January, as street rates largely remain stable sequentially and above-trend on a year-over-year basis. High in-migration markets continue to produce the greatest demand and rent growth, while gateway markets are seeing moderate gains.

1/20/2022Matrix National Self Storage Monthly-January 2022Positive outlook for self storage in 2022

Last year was one of the best ever for self storage. Rent growth and occupancy rates were boosted by economic and consumer trends, prompting investors to flock to the sector and push prices up. Will 2022 be an encore year?

12/16/2021Matrix National Self Storage Monthly-December 2021Self Storage Rent Growth Cools

Amid ongoing strong demand for self storage properties, year-over-year rent growth remains high. However, rent growth has started to decelerate, with average rents dropping slightly in November. More details can be found in Yardi Matrix’s November Self Storage report.

11/18/2021Matrix National Self Storage Monthly-November 2021Self Storage Extends Growth Streak in October

Self storage rent growth has begun to decelerate, but growth remains extremely robust compared to a year ago. In October, national street rates were up 8.5% for 10x10 non-climate-controlled units and 9.8% for similar-size climate-controlled units. Demand has been driven by robust household formation, college students returning to campus, and migration to markets in the Southeast, Southwest and West.

10/26/2021Matrix National Self Storage Monthly-October 2021Self storage exhibits signs of moderation

Demand for self storage remained elevated in August and national rates stayed historically high, once again increasing on an annual basis. The new-supply pipeline continued to be robust at 8.6% of existing inventory.

9/16/2021Matrix National Self Storage Monthly-September 2021Storage Fundamentals Stay Strong in August

Demand for self storage remained elevated in August, and national rates stayed historically high, once again increasing on an annual basis. Across the nation, the new-supply pipeline continued to be robust, at 8.6% of existing inventory.

8/20/2021Matrix National Self Storage Monthly-August 2021Self storage exceeds expectations

The self storage industry has continued to experience exceptionally strong fundamental performance through July, seeing record setting national rates and increasing development interest.

7/21/2021Matrix National Self Storage Monthly-July 2021Strong Self Storage Performance Continues

Storage fundamentals remained strong through the first half of 2021, with June seeing rising street rates and steady development activity across the nation.

6/21/2021Matrix National Self Storage Monthly-June 2021Self storage maintains strength

The storage sector continued to prove itself as a strong performer. The new supply pipeline is unwavering, and street rates across the country are climbing each month due to heightened demand.

5/25/2021Matrix National Self Storage Monthly-May 2021Self Storage Fundamentals Maintain Strong Performance

Storage continued its positive momentum in April. Street rates had another strong month and continue to rise nationwide, while there has not been a meaningful shift in development activity.

4/21/2021Matrix National Self Storage Monthly-April 2021Storage Industry Maintains Momentum Through First Quarter

Self storage continues to ride the demand tailwinds caused by COVID-related disruptions, benefiting sector fundamentals. Street rates are rising and development activity is strong across the nation as we move into the second quarter of 2021.

3/10/2021Matrix National Self Storage Monthly-March 2021Self Storage Continues Strong Performance in 2021

Aided by a COVID-driven boost in demand, storage maintained positive performance, with solid fundamentals. In February, the sector continued to see strong street rate improvements and development activity remained stable.

2/16/2021Matrix National Self Storage Monthly-February 2021Self storage begins 2021 on a high note despite difficult market

Strong fundamentals, including significantly improving street rate performance and stable development activity, are helping maintain a positive outlook for the self storage industry as we move into a new year.

1/18/2021Matrix National Self Storage Monthly-January 2021Self storage ends 2020 strong

The self storage industry ended the year strong, continuing to prove its ability to fare well even when faced with difficult economic conditions. Street rate performance improved substantially across the nation on an annual basis, and development activity remained relatively stable. Read the full report to learn which markets' street rates ended the year with historical highs.

12/17/2020Matrix National Self Storage Monthly-December 2020Underscored by improving street rate performance across many markets and a stable new-supply pipeline nationwide, the self storage industry continued to bounce back despite a difficult and volatile market in November.
11/24/2020Matrix National Self Storage Monthly-November 2020Self storage remains strong

The self storage industry continued to prove its resiliency in October, with ongoing improvements in street rates across the nation and development activity maintaining a steady pace in most markets.

10/27/2020Matrix National Self Storage Monthly-October 2020Monthly Supply and Rent Recap
9/10/2020Matrix National Self Storage Monthly-September 2020Matrix National Self Storage Monthly-September 2020
8/19/2020Matrix National Self Storage Monthly-August 2020Self Storage Proves Its Resiliency
7/17/2020Matrix National Self Storage Monthly-July 2020Matrix National Self Storage Monthly-July 2020
6/15/2020Matrix National Self Storage Monthly June 2020Matrix National Self Storage Monthly June 2020
5/19/2020Matrix National Self Storage Monthly-May 2020Matrix National Self Storage Monthly-May 2020
4/24/2020Matrix National Self Storage Monthly-April 2020Matrix National Self Storage Monthly-April 2020
3/18/2020Matrix National Self Storage Monthly-March 2020Matrix National Self Storage Monthly-March 2020
2/21/2020Matrix National Self Storage Monthly-0220Matrix National Self Storage Monthly-0220
1/22/2020Matrix National Self Storage Monthly 01-20Matrix National Self Storage Monthly 01-20
12/16/20192019 December Self Storage Report2019 December Self Storage Report
11/22/2019November 2019 Self Storage ReportYardi Matrix National Self Storage Report - November, 2019
10/22/2019October 2019 Self Storage ReportYardi Matrix National Self Storage Report - October, 2019
9/20/2019September 2019 Self Storage ReportYardi Matrix National Self Storage Report - September, 2019
8/21/2019August 2019 Self Storage ReportYardi Matrix National Self Storage Report - August, 2019
7/23/2019July 2019 Self Storage ReportYardi Matrix National Self Storage Report - July, 2019
6/21/2019June 2019 Self Storage ReportYardi Matrix National Self Storage Report - June, 2019
5/21/2019May 2019 Self Storage ReportYardi Matrix National Self Storage Report - May, 2019
4/18/2019April 2019 Self Storage ReportYardi Matrix National Self Storage Report - April, 2019
3/26/2019March 2019 Self Storage ReportYardi Matrix National Self Storage Report - March, 2019
2/15/2019February 2019 Self Storage ReportYardi Matrix National Self Storage Report - February, 2019
1/24/2019January 2019 Self Storage ReportThe Self Storage Seasonal Report - January, 2019
12/26/2018December 2018 Self Storage ReportThe Self Storage Seasonal Report - December, 2018
11/20/2018November 2018 Self Storage ReportThe Self Storage Seasonal Report - November, 2018
10/16/2018October 2018 Self Storage ReportThe Self Storage Seasonal Report - October, 2018
9/18/2018September 2018 Self Storage ReportThe Self Storage Seasonal Report - September, 2018
8/17/2018August 2018 Self Storage ReportThe Self Storage Seasonal Report - August, 2018
7/25/2018July 2018 Self Storage ReportThe Self Storage Seasonal Report - July, 2018
6/21/2018Summer 2018 Self Storage ReportThe Self Storage Seasonal Report - Summer, 2018
5/25/2018Spring 2018 Self Storage ReportThe Self Storage Seasonal Report - Spring, 2018
7/25/2017Summer 2017 Self Storage ReportThe Self Storage Seasonal Report - Summer, 2017
Yardi Matrix National Office Report
Publish Date  
9/21/2022Matrix Office National Report-September 2022Life Science Growth Continues in 2022

Demand for life science space has kept the sector’s performance strong this year, with lab space trading at high prices and developers rushing to add more in markets where life science firms cluster. Even the tertiary cluster markets are growing. Read about this trend and get the latest data in this month’s Yardi Matrix Office Monthly.

8/18/2022Matrix Office National Report-August 2022Coworking Rebounds Following Pandemic

When COVID-19 swept the U.S., some predicted it would lead to the end of coworking. Today, however, shared space has reemerged as a viable alternative to the traditional office lease, helping fill the gaps left by remote and hybrid work.

7/19/2022Matrix Office National Report-July 2022Office Conversions to Housing a Slow, Niche Trend

Despite seeming like an obvious solution to both falling office demand and housing shortages, conversions of office buildings to multifamily and condos remain rare. Most conversions are concentrated on the Eastern seaboard and are delivering only luxury units. Read about this trend and get the latest data in this month’s Yardi Matrix Office Report.

6/21/2022Matrix Office National Report-June 2022Challenges Abound for Office Sector

Many major firms are deploying return-to-office strategies this year. Employee pushback, inflation and rising rates are just a few of the headwinds that the industry faces in a post-pandemic world. Read about this trend and get the latest data in this month’s Yardi Matrix Office Monthly.

5/25/2022Matrix Office National Report-May 2022Mixed-Use Properties Proliferate in Post-Pandemic Market

The pandemic upended many aspects of office real estate, but mixed-use developments continue to be attractive. Read about this and get the latest data in this month’s Yardi Matrix Office Monthly.

4/25/2022Matrix Office National Report-April 2022Office Pipeline Flows Amid Changes

While the pandemic has slowed development, markets with strong domestic migration or life sciences clusters continue to attract new projects. Read about this trend and get the latest data in this month’s Yardi Matrix Office Monthly.

3/25/2022Matrix Office National Report-March 2022Pandemic Recovery Drives Office Flight to Quality

As the pandemic wanes, many companies are looking for ways to entice workers back into the office, driving demand for high-quality space. This so-called “flight to quality” is already playing out in some major markets. Read about this trend and get the latest data in this month’s Yardi Matrix Office Report.

2/25/2022Matrix Office National Report-February 2022Medical Office Buildings Remain Resilient

While many subsectors of commercial office have faltered in the last two years, medical office buildings have been a bright spot, attracting increased interest from institutional investors.

1/27/2022Matrix Office National Report-January 2022Omicron Causes Further Delay in Return-to-Office

For the second time, a wave of coronavirus cases driven by a new variant has delayed many companies’ return-to-office plans. Read about what this means for commercial offices and get the latest data in this month’s Matrix Office Report.

12/16/2021Matrix Office National Report-December 2021Flex Space to Play Vital Role in the Future of Office

The continued uncertainty around the future of remote work is leading occupiers to want more agility from their office space. Read about the direction coworking is taking and get the latest office data in the Yardi Matrix Office Monthly.

10/20/2021Matrix Multifamily Pittsburgh Report-Fall 2021Pittsburgh’s Steady Rebound

Pittsburgh rents inched up 0.3% on a T3 basis as of August, 140 basis points behind the national rate. The average rent in the metro was $1,211. While recovery is well underway, a lengthier rebound is forecast here.

10/20/2021Matrix Office National Report-October 2021Tech Giants Commit to Office

While the future of the office sector is still uncertain, recent purchases, lease signings and new construction suggest that large tech firms are still committed to physical office space.

9/22/2021Matrix Office National Report-September 2021Life sciences demand swells

While the office sector as a whole has struggled for the last 18 months, demand for life sciences facilities has intensified during the pandemic. Read about this trend and get the latest data in this month’s report.

8/24/2021Matrix Office National Report-August 2021Delta Variant Pushes Back Return-to-Office

The spike in COVID-19 cases and hospitalizations driven by the Delta variant has forced many firms to delay post-Labor Day plans to return to the office. Nonetheless, listing rates have not dropped, and sales continue to occur. Read about these developments and get the latest data in this month’s report.

7/22/2021Matrix Office National Report-July 2021Office conversions spark transactions despite challenges

Investors are pursuing underperforming office assets for life science or multifamily use. But conversions are not a fit for every asset. Read about this trend and get the latest data in this month’s office report.

6/24/2021Matrix Office National Report-June 2021Investors looking for niche and high-quality office product

While many buyers and sellers in the office sector are in a holding pattern, there is capital available for certain assets. Sales this year have skewed toward high-quality assets, medical office and buildings with the potential to be converted into lab space.

5/26/2021Matrix Office National Report-May 2021Sublease space continues to burden office market

Sublease space has climbed since the start of the pandemic, as many firms look to reduce their office footprint. Among the top 30 markets covered by Yardi Matrix, 20 saw total available sublease space more than double.

4/27/2021Matrix Office National Report-April 2021Tech Giants Plan Return to Office

With nearly a quarter of the population fully vaccinated against COVID-19, companies are beginning to plan their return to the office later this year. The reported plans of large tech companies offer a glimpse into how a return may unfold.

3/12/2021Matrix Office National Report-March 2021Office vacancy rates increase in most markets

As the one-year anniversary of early coronavirus lockdowns nears, office vacancy rates continue to climb in most U.S. markets. New supply in progress has continued to be delivered but is forecast to decline in coming years. Read about the latest trends and data in this month’s Yardi Matrix National Office Report.

3/12/2021CommercialEdge Office National Report-March 2021Office vacancy rates increase in most markets

As the one-year anniversary of early coronavirus lockdowns nears, office vacancy rates continue to climb in most U.S. markets. New supply in progress has continued to be delivered but is forecast to decline in coming years. Read about the latest trends and data in this month’s CommercialEdge National Office Report.

2/16/2021CommercialEdge Office National Report-February 2021Coworking’s role in the post-pandemic office market

A picture of how coworking may look in the post-pandemic world is beginning to emerge. Meanwhile, vacancy rates for traditional office space have spiked in the past year, though not all markets are seeing equal bumps.

1/28/2021CommercialEdge Office National Report-January 2021Uncertain future following turbulent 2020

Last year was a tough one for the office sector, due to the COVID-19 pandemic. Things may turn around in 2021, but the path forward is murky. Read about trends impacting the office sector and get the latest supply and listing rate data in this month’s CommercialEdge National Office Report.

12/16/2020CommercialEdge Office National Report-December 2020As 2020 concludes, office market stares down uncertainty

With vaccines for COVID-19 rolling out this month, the long-term prospects of the office industry are relatively optimistic. However, the outlook for the next few years is uncertain. Read about this and other trends and get the latest data for the commercial industry in this month’s CommercialEdge report.

11/19/2020CommercialEdge Office National Report-November 2020Available sublease space has increased significantly this year, more than doubling in some markets. Read about how this impacts listing rates, new supply and more in the latest CommercialEdge report.
10/23/2020CommercialEdge Office National Report-October 2020Fallout of Pandemic Trickles Into Commercial Office Data
9/23/2020Matrix Office National Report-September 2020COVID-19 Reshaping Commercial Real Estate
8/24/2020Matrix Office National Report-August 2020Matrix Office National Report-August 2020
7/21/2020Matrix Office National Report-July 2020Matrix Office National Report-July 2020
6/22/2020Matrix Office National Report-June 2020Matrix Office National Report-June 2020
5/26/2020Matrix Office National Report-May 2020Matrix Office National Report-May 2020
4/20/2020Matrix Office National Report-April 2020Matrix Office National Report-April 2020
3/25/2020Matrix Office National Report-March 2020Matrix Office National Report-March 2020
2/25/2020Matrix Office National Report-February 2020Matrix Office National Report-February 2020
1/28/2020Yardi Matrix National Office Report - January 2020Our monthly national report on the office property market featuring Matrix's U.S. office data - including leasing, development trends, transactions and more.
1/2/2020Matrix Office National Report-December 2019Matrix Office National Report-December 2019
11/22/2019November 2019 Office ReportYardi Matrix National Office Report - November, 2019
10/24/2019October 2019 Office ReportYardi Matrix National Office Report - October, 2019
9/23/2019September 2019 Office ReportYardi Matrix National Office Report - September, 2019
8/26/2019August 2019 Office ReportYardi Matrix National Office Report - August, 2019
7/24/2019July 2019 Office ReportYardi Matrix National Office Report - July, 2019
6/20/2019June 2019 Office ReportYardi Matrix National Office Report - June, 2019
5/24/2019May 2019 Office ReportYardi Matrix National Office Report - May, 2019
4/22/2019April 2019 Office ReportYardi Matrix National Office Report - April, 2019
3/19/2019March 2019 Office ReportYardi Matrix National Office Report - March, 2019
3/1/2019February 2019 Office ReportYardi Matrix National Office Report - February, 2019
1/24/2019January 2019 Office ReportYardi Matrix National Office Report - January, 2019
Yardi Matrix National Industrial Report
Publish Date  
9/28/2022Matrix Industrial Report-September 2022Reshoring Promises to Impact Industrial, But Slowly

Challenged by global supply-chain issues since the start of the pandemic, some manufacturers with overseas facilities are now considering bringing production back stateside. The reshoring of manufacturing will slowly play out over the coming decade, permanently altering the industrial real estate sector. Read about this trend and get the latest data in this month’s Yardi Matrix Industrial Monthly.

8/25/2022Matrix Industrial Report-August 2022Supply Chain Woes Weigh on Industrial

Delays in industrial space deliveries are stressing the market, while port-adjacent locations are demanding a premium. Read about these trends and get the latest data in this month’s Yardi Matrix Industrial Monthly Report.

7/28/2022Matrix Industrial Report-July 2022Land Scarcity Forces Creative Industrial Solutions

With locations for new industrial space increasingly hard to come by, occupiers and developers are trying different approaches to meet demand. Read about this trend and get the latest data in this month’s Yardi Matrix Industrial Monthly.

6/23/2022Matrix Industrial Report-June 2022Amazon Looks to Decrease Industrial Footprint

After dramatically expanding the size of its industrial footprint during the pandemic, Amazon is now pausing projects and looking to sublease space. Read about this trend and get the latest data in this month’s Yardi Matrix Industrial Monthly Report.

5/25/2022Matrix Industrial Report-May 2022Industrial Demand Stable Amid Economic Headwinds

The economy hit a rough patch in the first quarter due to inflationary pressures and rising energy prices, but demand for industrial space continues to be robust. The national occupancy rate is low and rents are rising rapidly, particularly in coastal markets with major ports. Delivery of new space continues apace despite difficulties brought on by rising construction costs and supply shortages.

4/27/2022Matrix Industrial Report-April 2022Southern California Industrial Markets in Overdrive

Southern California’s industrial real estate demand is far exceeding the rest of the nation. Key markets are seeing the tightest vacancy rates in the country, driving the highest rent growth rates and price appreciation. Read about this trend and get the latest data in this month’s Yardi Matrix Industrial Report.

3/21/2022Matrix Industrial Report-March 2022Industrial Supply Sets 21st Century Record

Industrial deliveries hit an all-time high in 2021, largely driven by pandemic-era growth in e-commerce, and the supply pipeline indicates that new records will be set in coming years. Read about this trend and get the latest data in this month’s Matrix monthly report.

3/3/2022Matrix Industrial Report-February 2022Record Port Activity Leads to Southeast Industrial Boom

Nearly every port has seen record activity, but last year the ports of Savannah and Charleston set records for the number of containers handled. That has led to unprecedented development in the region. Read about this trend and get the latest data in this month’s Matrix Industrial Report.

1/27/2022Matrix Industrial Report-January 2022Cold Storage Demand Surges

The COVID-19 pandemic has driven demand for cold storage facilities in the past two years, while Southern California’s ports have led in rent growth. Read about these trends and get the latest data in this month’s Yardi Matrix Industrial Monthly.

12/29/2021Matrix Industrial Report-December 2021E-commerce growth slows but remains key industrial driver

While e-commerce growth decelerated in the third quarter, online sales continue to fuel industrial demand for the near term and remains above pre-pandemic levels.

11/23/2021Matrix Industrial Report-November 2021Semiconductor Shortage Impacts Industrial

The shortage of computer chips has limited production of countless goods. Billions of dollars are being spent to build chip fabrication facilities stateside, which could have a long-lasting impact on American manufacturing. Read about this trend and get the latest data in this month’s Matrix Industrial Report.

10/27/2021Matrix Industrial Report-October 2021Electric Car Manufacturing Adds to Industrial Demand

Traditional automakers and upstart companies are ramping up production of electric vehicles to compete with Tesla’s dominance of the market. This is adding demand to an already tight industrial market. Read about this trend and get the latest data in this month’s Yardi Matrix Industrial Monthly.

10/5/2021Matrix Industrial Report-September 2021Port activity boosts industrial markets

The largest ports in the country are busier than ever, driving demand for industrial assets.

8/31/2021Matrix Industrial Report-August 2021Demand for data centers jumps

As the world becomes increasingly digital, demand for data centers is growing. Read about this trend and how the Infrastructure Investment and Jobs Act could shape the future of this industrial subsector.

7/29/2021Matrix Industrial National Report-July 2021Average Sales Price Soars

Intense investor demand for industrial assets is driving up the average sales price. Read about this trend and get the latest data in this month’s report.

6/30/2021Matrix Industrial National Report-June 2021Sale-leasebacks increasingly common in industrial

Industrial continues to be one of the hottest real estate asset classes, with sale-leasebacks growing more attractive to both buyers and sellers during the pandemic. Find out why and where these transactions are happening in the latest Yardi Matrix Industrial Monthly.

6/1/2021Matrix Industrial National Report-May 2021Examining Amazon's impact on industrial real estate

With a massive real estate footprint, e-commerce behemoth Amazon is influencing both the industrial real estate investment and development markets.

5/4/2021Matrix Industrial National Report - April 2021Phoenix benefits from Southern California overflow

Southern California has the hottest industrial markets in the country, and demand from Los Angeles and the Inland Empire has spilled over into Phoenix. Read about this trend and get the latest data in this month’s Yardi Matrix Industrial Report.

3/25/2021Matrix Industrial National Report-March 2021Demand for land defines industrial market

Appetite for industrial space is strong across the country, but new development is being influenced by availability of land and impacting rents. Read about this trend and get the latest data in this month’s Yardi Matrix Industrial Report.

3/24/2021CommercialEdge Industrial National Report-March 2021Demand for land defines industrial market

Appetite for industrial space is strong across the country, but new development is being influenced by availability of land and impacting rents. Read about this trend and get the latest data in this month’s CommercialEdge Industrial Report.

2/23/2021Matrix Industrial National Report-February 2021Industrial real estate should see long-term demand growth

Industrial real estate is set for continued growth, following the new highs for demand. E-commerce will continue to gain a growing share of retail sales and the economic recovery will fuel growth with replenished inventories and increased global trade.

2/23/2021CommercialEdge Industrial National Report-February 2021Industrial real estate should see long-term demand growth

Industrial real estate is set for continued growth, following the new highs for demand. E-commerce will continue to gain a growing share of retail sales and the economic recovery will fuel growth with replenished inventories and increased global trade. Read about these trends and get the latest data in this month’s CommercialEdge Industrial Report.

1/22/2021CommercialEdge Industrial National Report-January 2021Commercial real estate’s top performing asset class

CommercialEdge’s new monthly report explores how the pandemic has caused e-commerce to explode and propelled the industrial sector to outperform other commercial real estate asset classes. Get the details, along with the latest data on rents, vacancy, new supply and transactions in the inaugural edition of our National Industrial Report.

1/22/2021Matrix Industrial National Report-January 2021Commercial Real Estate’s Darling Asset Class

Yardi Matrix’s newest monthly report explores how Industrial has outperformed other commercial real estate asset classes. Get the details, along with the latest data on rents, vacancy, new supply and transactions in this report.

10/28/2019Fall 2019 Yardi Matrix Industrial ReportYardi Matrix Industrial Report - Fall, 2019
5/24/2019Spring 2019 Industrial ReportYardi Matrix Industrial Report - Spring, 2019
11/15/2018Fall 2018 Industrial ReportYardi Matrix Industrial Report - Fall, 2018
5/22/2018Spring 2018 Industrial ReportYardi Matrix Industrial Report - Spring, 2018
U.S. Multifamily Outlook
Publish Date  
7/18/2022Matrix Multifamily National Report-Summer 2022Multifamily 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. The sector, however, is at an inflection point as soaring inflation is prompting the Federal Reserve to raise interest rates to reduce growth.

1/25/2022Matrix Multifamily National Report-Winter 2022Can Multifamily Maintain 2021 Momentum?

The rebounding economy and robust demand created near-perfect conditions for multifamily in 2021, leading to record-high rent growth and absorption. Insatiable investor demand produced chart-topping sales volume and pricing. Yardi Matrix’s 2022 National Multifamily Outlooks provides insights on what to expect in 2022.

7/26/2021Matrix Multifamily National Report-Summer 2021Demand for multifamily inspires optimism

Multifamily is emerging from pandemic shutdowns with all the ingredients for a strong second half of 2021. Tenant demand is higher than it has been in more than a decade, producing robust rent growth across the country. It continues unabated in fast-growing secondary markets, while gateway markets are rebounding quickly. Plus, the capital markets are favorable, thanks to high investor demand and liquid debt markets.

2/1/2021Matrix Multifamily National Outlook -Winter 20212021 Outlook: Desperately Seeking Normal

After a year dominated by COVID-19, what will normal look like for the multifamily market and economy? The recovery might linger until the second half of 2021, depending on vaccine deliveries. High-cost gateway markets, which suffered the greatest impact from the pandemic, are looking to recover, while secondary metros in the Sun Belt, Midwest and Southwest hope to continue their momentum.

7/29/2020Matrix Multifamily National Report-Summer 2020Matrix Multifamily National Report-Summer 2020
1/31/2020Matrix Multifamily National Outlook-Winter 2020Matrix Multifamily National Outlook-Winter 2020
8/6/2019Summer 2019 Seasonal OutlookU.S. Multifamily Outlook - Summer, 2019
1/11/2019Winter 2019 Seasonal OutlookThe Matrix National Seasonal Outlook - Winter, 2019
5/14/2018Spring 2018 Seasonal OutlookThe Matrix National Seasonal Outlook - Spring, 2018
1/13/2018Winter 2018 Seasonal OutlookThe Matrix National Seasonal Outlook - Winter, 2018
9/22/2017Summer 2017 Seasonal OutlookThe Matrix National Seasonal Outlook - Summer, 2017
5/9/2017Spring 2017 Seasonal OutlookThe Matrix National Seasonal Outlook - Spring, 2017
1/10/2017Winter 2017 Seasonal OutlookThe Matrix National Seasonal Outlook - Winter, 2017
Yardi Matrix Student Housing Report
Publish Date  
7/28/2022Matrix Student Housing Report-Q3 2022Student Housing Industry Continues Stellar Performance

Student housing had another quarter of record-breaking leasing activity and rent growth, which in turn is driving continued investor interest. Yet there are small signs of some slowdown in the coming year.

Yardi Matrix Student Housing Report
Publish Date  
4/27/2022Matrix Student Housing Report-Q2 2022Student Housing Fundamentals Surpass Pre-Pandemic Levels

The student housing industry continues to perform exceptionally well, with preleasing for the fall term off to a very strong start and annual rent growth exceeding pre-pandemic levels. While the rate of growth may dampen, the industry will continue its solid performance, particularly at the larger, more selective universities.

1/15/2022Matrix Student Housing Report-January 2022Student Housing Leasing Surpasses Pre-Pandemic Levels

The student housing industry has largely recovered from the pandemic despite news of decreased enrollment. The preleasing period for the fall 2021 term ended stronger than in 2019, and leasing is off to another hot start for the upcoming fall term, at 26.7% as of November. Annual rent growth is also nearing pre-pandemic levels, at 2.2% as of December, just below 2019 levels of 2.4% rent growth.

6/10/2021Matrix Student Housing Report 2021-Q2Student housing rents, outlook improve

The outlook is bright for student housing fundamentals as the U.S. emerges from the pandemic. Most universities have announced in-person instruction plans for the fall, and pent-up demand from students who took a gap year, 2021 high school graduates and gradually returning international students will fuel growth in preleasing and rents leading up to the fall term.

2/5/2021Yardi Matrix Student Housing Report 2021-Q1Prelease Activity Lags as Student Housing Industry Feels Effects of Pandemic

Yardi Matrix’s new quarterly report finds prelease activity for the upcoming fall term lagging as students and parents take a wait-and-see approach. Get the details, along with the latest data on rent growth, new supply and transactions, in the inaugural edition of our National Student Housing Report.

Yardi Matrix Multifamily Seasonal Metro Outlook
Publish Date  
9/30/2022Matrix Multifamily Albuquerque Report-September 2022Albuquerque Maintains Steady Progress

Albuquerque rents clocked in at 1.1 percent on a T3 basis through July, the third straight month of above-trend improvement. However, the metro is still fairly affordable by national standards. Deliveries softened, but transaction activity remained elevated, with the volume through July surpassing $502 million.

9/30/2022Matrix Multifamily Chicago Report-September 2022Chicago Shows Improvement

Chicago’s rent growth accelerated to 1.1 percent on a T3 basis through July, to a new high of $1,814. Demand is strong, with occupancy improving to 95.6 percent, up 100 basis points year-over-year, above pre-pandemic levels. Construction starts jumped 17 percent year-over-year, pointing to increased development activity.

9/30/2022Matrix Multifamily Columbus Report-September 2022Massive Investments Drive Growth in Franklin County

Columbus is set to house Ohio’s largest investment to date: a $20 billion Intel facility in New Albany. Area rents are already topping all other submarkets, and rose a whopping 17.3 percent, to $1,583. The metro’s overall rent growth was slower but nonetheless improved, measuring 1.3 percent on a T3 basis through July, 30 basis points above the U.S. rate.

9/30/2022Matrix Multifamily Denver Report-September 2022Denver Rental Market Stays Elevated

Denver’s multifamily market has had a stellar decade, but development and investment activity are now moderating. Rent growth in the market surpassed the U.S. average for the fourth consecutive month, rising 1.2 percent on a T3 basis through July, to an average of $1,941.

9/30/2022Matrix Multifamily Jacksonville Report-September 2022Jacksonville Shifts Down a Gear

On the heels of a strong 2021, Jacksonville multifamily is showing signs of cooling off. Rents were up just 0.4 percent in three months, 60 basis points below the U.S. average, while occupancy dropped year-over-year to 95.2 percent. Meanwhile, $1 billion in assets traded in the first seven months of 2022, with an increase in the price per unit.

9/30/2022Matrix Multifamily Knoxville Report-September 2022Knoxville Achieves New Records

At a time when most markets are experiencing some form of moderation in rent, development or transaction activity, Nashville is witnessing new highs across its fundamentals. Rent growth on a T3 basis is double the national rate, at 2.0 percent as of July, and investment activity is the highest in a decade.

9/30/2022Matrix Multifamily Nashville Report-September 2022Minor Softening in Nashville

Nashville rents rose 1.3 percent on a T3 basis through July, to $1,676, a slight deceleration from recent months, with the recovery of leisure and hospitality pressuring the Renter-by-Necessity segment. Meanwhile, investment volume exceeded $2.2 billion, already surpassing all other years except 2021.

9/30/2022Matrix Multifamily Phoenix Report-September 2022Phoenix Rent Growth Stalls, Investment Soars

Rent growth has moderated in Phoenix since the start of 2022, clocking in at 0.3 percent on a T3 basis through July, to $1,960, trailing the U.S. rate. The softening is likely due to substantial development, with 17,000 units delivered and almost 35,000 under construction.

9/30/2022Matrix Multifamily Queens Report-September 2022Queens Rent Growth Cools Despite Strong Demand

Queens’ multifamily rent growth slowed to 0.2 percent on a T3 basis, reaching $2,820 in July, although occupancy climbed to 98.3 percent, hinting at strong levels of demand. Developers brought 2,204 units online, accounting for 2.1 percent of existing inventory.

9/30/2022Matrix Multifamily Twin Cities Report-September 2022Investment Momentum Stays Up in the Twin Cities

Multifamily investors continue to be keen on Minneapolis-St. Paul despite moderating rent performance, with the $923 million of assets sold in 2022’s first seven months well above the same period last year and on track to surpass 2021’s peak of $1.7 billion. Deliveries have also hit the brakes, with construction starts almost at a standstill due to strict rent control regulations.

8/30/2022Matrix Multifamily Atlanta Report-August 2022It’s Peachy in Atlanta

Rents rose 0.8 percent on a T3 basis through June, to $1,727, although last year’s deliveries dented the occupancy rate in stabilized assets, which dropped 70 basis points in the 12 months ending in May, to 95 percent.

8/30/2022Matrix Multifamily Baltimore Report-August 2022Baltimore Persists Through Headwinds

Baltimore’s multifamily rents grew 9.4 percent year-over-year, to $1,664. Both transactions and construction activity cooled off after an exceptional 2021, with $1 billion generated by sales in the first half of the year and deliveries amounting to 0.3 percent of stock.

8/30/2022Matrix Multifamily Brooklyn Report-August 2022Brooklyn Bounces Back

After a deep trough and a relatively speedy recovery, Brooklyn’s back. Rents are up 11.2 percent year-over-year, mainly fueled by upscale communities, bringing the average rate $200 above the figure recorded in 2020, prior to the pandemic. With strong demand fueling these rate increases, occupancy improved even as completions accelerated in the New York City borough.

8/30/2022Matrix Multifamily Charlotte Report-August 2022Charlotte Maintains Investment Momentum

More than $2.1 billion in multifamily assets changed hands in the Queen City in the first half of the year, well above the $1.4 billion transaction volume recorded over the same interval in 2021. Meanwhile, deliveries hit the brakes, but rent growth remained 20 basis points above the 1.1 percent national average on a T3 basis.

8/30/2022Matrix Multifamily Detroit Report-August 2022Detroit Idles Growth

Detroit rents rose 0.8 percent on a T3 basis through June, to $1,228, as occupancies slowed but remained relatively high, at 96.5 percent in May. Transaction activity slowed in the second quarter, but the per-unit price rose by a hefty 49.4 percent over the course of a year.

8/30/2022Matrix Multifamily Inland Empire Report-August 2022Rentals Improve in the Inland Empire

Despite being located in Southern California, the Inland Empire has by far the most affordable rents on the West Coast, at $2,164. With construction activity staying limited and its shipping- and logistics-anchored economy going through arguably its best moment, property values have increased quickly in 2022, with per-unit prices reaching $360,284.

8/30/2022Matrix Multifamily Las Vegas Report-August 2022Las Vegas’ Summertime Cooldown

A slowdown in demand put a 140-basis-point hole in the occupancy rate in stabilized properties, causing Las Vegas’ rent growth to moderate. Through June, it was up just 0.6 percent on a T3 basis, to $1,525. Deliveries also lagged, with just 216 units brought online, but investment remained high.

8/30/2022Matrix Multifamily Manhattan Report-August 2022Manhattan Makes Strides

Following a tough pandemic period, Manhattan’s multifamily market is enjoying a strong run, outperforming national rent growth by 10 basis points. Investment was the standout metric for the borough during the first half of 2022, with $3 billion in sales recorded, $500 million more than the previous 24-month total.

8/30/2022Matrix Multifamily Philadelphia Report-August 2022Strong Demand in Philadelphia

Strong demand helped maintain occupancy at 96.7 percent in May, despite robust deliveries. As a result, rents continued to rise, up 1.0 percent on a T3 basis through June, to $1,695. Transaction activity neared $1.2 billion as of June, double the volume recorded during the same interval last year, although signs of moderation were beginning to appear.

8/24/2022Matrix Multifamily Kansas City Report-August 2022Investment Activity Intensifies in Kansas City

The first half of the year ended on a strong note for transaction activity in the metro. Roughly $753 million in multifamily assets traded, almost twice the volume reported in the first half of 2021. Meanwhile, rents maintained their upward trajectory. At the end of June, average overall rents grew by 1.2 percent on a T3 basis, to $1,185.

7/27/2022Matrix Multifamily Dallas Report-July 2022Dallas Maintains Solid Fundamentals

Rents rose 1.2 percent on a T3 basis through May, and occupancy increased 90 basis points in the 12 months ending in April, to 95.5 percent. Despite the current economic headwinds, transaction activity remained robust, in May coming in above the volume recorded during the same period last year.

7/27/2022Matrix Multifamily Houston-July 2022Houston Multifamily Proves Hot Investment Market

Following last year’s robust inventory expansion, Houston rents rose 0.7 percent on a T3 basis in May, while occupancy hiked 130 basis points year-over-year as of April, to 94.1 percent. Transaction activity intensified, with sales volume through May far outpacing last year’s through the same interval.

7/27/2022Matrix Multifamily Orlando Report-July 2022Strong Demand Supports Central Florida’s Rental Market

Orlando posted solid fundamentals across the board at the end of 2022’s first five months. Rents grew by 1.2 percent on a T3 basis through May to an average of $1,796, while sales amounted to $2.5 billion. The occupancy rate also improved, up 90 basis points year-over-year in April.

7/27/2022Matrix Multifamily Sacramento Report-July 2022Former Growth Powerhouse Sacramento Slips to Middle-of-the-Pack

After leading rent growth nationally for long swaths of the cycle, Sacramento’s multifamily sector is juggling slow construction activity, record-high rents and increased property values. The average rent in the capital of California was $1,936 as of May, more than $250 higher than the all-time-high national figure of $1,680.

7/27/2022Matrix Multifamily San Francisco Report-July 2022Challenges Remain for San Francisco Rentals

Rents in San Francisco were up 8.7 percent year-over-year—to $2,750—a slower pace than in most U.S. markets. However, the metro’s pipeline, with more than 20,000 units underway, shows enduring confidence in the city’s rental sector.

7/27/2022Matrix Multifamily San Jose Report-July 2022Record Rents in San Jose

San Jose’s multifamily rents reached a new high, growing 1.8 percent on a T3 basis through May, to an average of $3,006. After a record-breaking year in 2021 with 7,230 units added to the rental stock, deliveries did not start the year at a similar clip, with only 500 units added.

7/27/2022Matrix Multifamily Seattle Report-July 2022Seattle’s Improved Fundamentals

Seattle rent growth outperformed the U.S. as a whole, rising 1.4 percent on a T3 basis through May, while occupancy was up 120 basis points to 96.3 percent in April. As metrics continued to strengthen, investment activity also flourished.

7/27/2022Matrix Multifamily Tampa Report-July 2022Tampa Investment Maintains Momentum

Multifamily continues to be one of the leading growth areas for Tampa Bay’s real estate sector. On a T3 basis through May, rents grew by 1.2 percent to a record $1,797 average. Transaction activity also kept up an accelerated pace, with sales in the first five months of the year totaling almost $3 billion, three times the 2021 deal volume for the same period.

7/27/2022Matrix Multifamily Washington DC Report-July 2022D.C. Multifamily Sees Capital Gains

Despite economic turbulence, Washington, D.C., multifamily remained largely unfazed going into the second half of 2022. Rents were up 10 percent year-over-year, while the 37,345 units underway placed the metro’s pipeline fourth nationwide. Meanwhile, $1.9 billion in rental assets traded this year through May.

7/19/2022Matrix Multifamily Austin Report-July 2022Economic Growth Boosts Austin’s Multifamily Market

Rent growth picked up again in Austin, with a 0.8 percent increase on a T3 basis through May, to $1,744, while occupancy increased by 130 basis points in the 12 months ending in April. Current economic conditions somewhat dampened transaction activity, but development remained elevated.

6/28/2022Matrix Multifamily Boston Report-June 2022Boston’s Rent Growth Rebounds

Rent growth picked up in Boston, rising 1.3 percent on a T3 basis through April, to $2,611, while occupancy gained 100 basis points in the 12 months ending in March. On the other hand, deliveries softened, and investment volume totaled $565 million through April.

6/28/2022Matrix Multifamily Denver Report-June 2022Investors Keen on Denver

Denver’s transaction activity surpassed $1.5 billion, with the price per unit rising 13.7 percent in 2022. On the other hand, rents only rose slightly on a T3 basis. Meanwhile, deliveries maintained a recent softening trend.

6/28/2022Matrix Multifamily Los Angeles Report-June 2022L.A. Fundamentals Allow for Improvement

Los Angeles started the new year on a strong note, hot off a 2021 when multifamily sales reached $5.2 billion. Rents were up 12.7 percent on a year-over-year basis, gaining ground so that it now only slightly trails the nation after a rough pandemic, while the development pipeline had 30,079 units underway.

6/28/2022Matrix Multifamily Miami Report-June 2022South Florida Continues Growth Streak

With rents increasing by 24.6 percent year-over-year through April, Miami ranked first nationally in rent performance. The average overall rent was $2,261, well above the national figure. Transaction activity also intensified, with $2 billion in multifamily assets changing hands in the first four months of the year.

6/28/2022Matrix Multifamily Nashville Report-June 2022Nashville’s Progress Sustained by Demand

Nashville rents rose 0.8 percent on a T3 basis through April, to $1,591, while occupancy stood at 96.4 percent in March, signs of a tight rental market. Meanwhile, transaction volume nearly reached the $1 billion mark, gaining in price per unit on an annual basis.

6/28/2022Matrix Multifamily Phoenix Report-June 2022Phoenix Maintains Solid Fundamentals

Rent growth in Phoenix moderated to $1,645, rising 0.4 percent on a T3 basis through April, likely affected by robust supply additions, which marked an all-time high in 2021. Through April, completions equated to 0.8 percent of total stock.

6/28/2022Matrix Multifamily Portland Report-June 2022Portland Rental Market Delivers Solid Performance

Going into summer, Portland rentals are on a sound footing, with rent growth at 0.7 percent on a T3 basis, barely trailing the national figure. Improvement is driven by strong demand, keeping occupancy high and development activity accelerated.

6/28/2022Matrix Multifamily Raleigh Report-June 2022North Carolina’s Capital Keeps Steady Pace

Raleigh-Durham rents averaged $1,551 in April, with growth on a T3 basis on par with the national rate. Investment volume surpassed $1.1 billion in the first four months of 2022, and after delivering almost 1,700 units, developers are likely to remain busy in the second half of the year.

6/28/2022Matrix Multifamily San Diego Report-June 2022Southern California Leader Emerges

As a coastal market, San Diego is not just making strides, it’s overperforming. Rents were up a strong 20.8 percent year-over-year, above the U.S. average and considerably above nearby Los Angeles, the Inland Empire and Orange County. Meanwhile, investor interest remains high, and occupancy is improving.

6/21/2022Matrix Multifamily Chicago Report-June 2022Chicago Speeds Up Recovery

Chicago average rents reached a new high, growing 90 basis points on a trailing three-month (T3) basis through April to $1,659. Transaction volume in the first four months reached $868 million, up 54 percent compared to the same period in 2021, while construction during those four months was almost on par with the entire previous year.

5/19/2022Matrix Multifamily Atlanta Report-May 2022Atlanta Gains Units + Jobs

Atlanta rents are bolstered by a strengthening job market that expanded 5.8 percent year-over-year. The city’s unemployment rate also returned to pre-pandemic levels. A record number of new units completed last year softened rent growth, up 0.3 percent on a T3 basis through March to $1,673.

5/19/2022Matrix Multifamily Brooklyn Report-May 2022Rents and Demand Up in Brooklyn

Brooklyn’s multifamily rents recorded a steady pace of growth during the first quarter and exceeded pre-pandemic levels at $3,123 in March. Demand is rebounding, with 2022 potentially a banner year for rental construction; 14,455 units were underway as of March.

5/19/2022Matrix Multifamily Charlotte Report-May 2022Charlotte’s Solid First Quarter

In the first three months of 2022, Charlotte rents grew by 0.7 percent, on par with the national average. Rents averaged $1,522 in March. With the continued influx of remote workers and occupancy rates above 95.5 percent, Charlotte remains a growth market.

5/19/2022Matrix Multifamily Las Vegas Report-May 2022Las Vegas Rents Rise

Las Vegas rent improvement continued, with rents rising 0.7 percent on a T3 basis through March to $1,493. Investment is also off to a strong start, with $850 million in assets already trading through the first quarter. Still, the local economy has challenges ahead, despite a 12.6 percent job market expansion over the last year.

5/19/2022Matrix Multifamily Manhattan Report-May 2022Manhattan Rentals Regain Interest

Following a challenging two years, Manhattan’s rental sector is now improving.. Although the employment market is less hot than the national climate, there are some notable silver linings. 2022’s first three months of property sales already surpassed 2020’s full year total, at just below the $1 billion mark.

5/19/2022Matrix Multifamily Philadelphia Report-May 2022Philadelphia Attracts Investors

Philadelphia wrapped up a banner 2021 with records for transactions and deliveries and kicked off 2022 on the right foot. Some $250 million in rental assets traded in the first quarter, while the per-unit price nearly doubled.

5/19/2022Matrix Multifamily Queens Report-May 2022Queens Jumpstarts the Year

Rents in New York City’s largest borough expanded 0.3 percent on a T3 basis through March, to an average of $2,768. Development continued to recover from a pandemic-driven near pause. Activity picked up momentum in 2021, with 1,186 units added to borough inventory.

5/19/2022Matrix Multifamily San Antonio Report-May 2022San Antonio Multifamily Solid

San Antonio posted healthy fundamentals at the end of the first quarter, with rents rising 0.7 percent on a T3 basis through March, to $1,247, and occupancy at 95.1 percent. The metro’s investment activity remained elevated, with sales volume amounting to $518 million through the first quarter.

5/19/2022Matrix Multifamily St Louis Report-May 2022Strong Demand in St. Louis

St. Louis had a healthy first quarter, with rents up 0.6 percent on a T3 basis through March to $1,125. Occupancy surpassed the 95 percent mark in February. With healthy demand, investors remained active. Sales volume rose to $304 million in the first quarter, well above the same time last year.

5/19/2022Matrix Multifamily Twin Cities Report-May 2022Twin Cities’ Gradual Recovery

Rent growth in Minneapolis-St. Paul slowed in the first quarter, marking one of the lower increases among major markets. As of March, the metro’s average rent was $1,433, up 0.2 percent on a T3 basis. Completions also moderated, with only 1,018 units coming online so far this year.

4/28/2022Matrix Multifamily Albuquerque Report-April 2022Albuquerque Starts Year at Slow but Steady Pace

Albuquerque rent growth slowed to 0.2 percent on a T3 basis through February, reaching $1,186, while on a year-over-year basis improvement outpaced the national rate at 17.7 percent. Deliveries were sluggish to start the year, with the market notoriously slow to add to its rental stock.

4/28/2022Matrix Multifamily Cleveland Report-April 2022Cleveland Construction and Investment Accelerate

Average rents exceeded $1,000 for the first time in Cleveland, as demand pushed growth on a T3 basis to 0.4 percent. The market is also recording solid performance on other fronts, with rental deliveries and sales volume both at decade highs.

4/28/2022Matrix Multifamily Columbus Report-April 2022Columbus Rental Recovery Propped Up by Demand

Columbus rents rose 0.6 percent on a T3 basis through February, to $1,147. Transaction activity remained elevated, with $187 million in multifamily assets already traded by the end of February, hot off last year’s new record figure.

4/28/2022Matrix Multifamily Indianapolis Report-April 2022Steady Progress for Indianapolis

Indianapolis rents grew 0.8 percent on a T3 basis through February to $1,121. Of the market’s nearly 5,000 units under construction, almost 60 percent are expected to be completed by year’s end. Transaction activity in the market is hot off a new record, as $1.1 billion in rental assets traded in 2021.

4/28/2022Matrix Multifamily Jacksonville Report-April 2022Northeast Florida Rental Market Stays Solid

Rents averaged $1,469 in February, with growth on a T3 basis largely on par with the national rate. Investment volume surpassed $321 million in the first two months of the year, while rental deliveries were also off to a good start in 2022.

4/28/2022Matrix Multifamily Knoxville Report-April 2022Knoxville Rental Market Solid Across the Board

Knoxville’s multifamily market fundamentals are improving, capitalizing on the long-lasting appeal of the Sun Belt. Knoxville rents rose 1.1 percent on a T3 basis as of February, nearly twice as fast as the U.S. rate of growth, and other performance metrics were also above trend.

4/28/2022Matrix Multifamily Orange County Report-April 2022Orange County Fundamentals Rebound

Orange County rents rose 0.9 percent on a T3 basis through February, to $2,614, and occupancy climbed close to the 98 percent mark as of January. Employment growth outperformed the nation for the fifth consecutive month, helping fuel the market’s recovery.

4/28/2022Matrix Multifamily Pittsburgh Report-April 2022Pittsburgh Rent Growth Slows but Remains Solid

Rent growth in Pittsburgh was just 0.3 percent on a T3 basis through February, reaching $1,266. Occupancy climbed above 96% in January as the construction pace picked up slightly but population continued to decrease. The employment market is in recovery mode but lags U.S. numbers.

4/28/2022Matrix Multifamily Richmond Report-April 2022Richmond Exhibits Steady Growth

Despite a spotty economic recovery, Richmond multifamily is registering a steady comeback. Rents were up 0.4 percent on a T3 basis as of February, not far behind the 0.6 percent U.S. figure. Meanwhile, transactions and development broke new records last year.

4/28/2022Matrix Multifamily Salt Lake City Report-April 2022Steady Gains Along the Wasatch Front

Salt Lake City maintained positive momentum, as rents rose 0.9 percent on a T3 basis through February, clocking in at $1,514. Despite the steady performance over the past year, rents are still below the $1,628 U.S. average, fueling in-migration from higher-cost western markets.

3/31/2022Matrix Multifamily Orlando Report-March 2022Orlando Outlook: Continued Growth

Orlando rents averaged $1,683 in January, up 0.8 percent on a T3 basis. Investment reached a new decade high last year, at $5.7 billion, with deliveries also achieving a historic level. Prospects look bright for this year, as well.

3/24/2022Matrix Multifamily Sacramento Report-March 2022California’s Capital Slow to Start 2022

Following a decade of fast-paced improvement, Sacramento rents inched up 0.1 percent on a T3 basis as of January, to an average asking rate of $1,874. The Renter-by-Necessity segment drove the market, leading rent gains, occupancy growth and sales activity. Job growth was slow—up 3.8% YoY through November, trailing the U.S. overall.

3/24/2022Matrix Multifamily San Jose Report-March 2022San Jose’s Recovery On Track

Rent growth in San Jose cooled off this winter, after a strong rebound during the year’s second half, largely following national trends. The metro’s average rent was $2,832, up 11.3 percent year-over-year and still among the highest asking rents in the U.S.

3/24/2022Matrix Multifamily Austin Report-March 2022Economic Improvement Drives Austin

As the fastest-growing market in the well-performing state of Texas, Austin maintains strong appeal. The metro’s average asking rent was $1,694 as of January, up 0.6 percent on a T3 basis, leading the state as corporate relocations and expansions continue to create growth in well-paying jobs.

3/24/2022Matrix Multifamily Baltimore Report-March 2022Baltimore’s Slow Rents, Fast-Paced Sales

Multifamily investment activity doubled year-over-year, achieving record levels in 2021. Meanwhile, deliveries hit a historic low for the metro. Rent growth cooled off during the winter to an overall average of $1,611, with T3 improvement at 0.1 percent as of January.

3/24/2022Matrix Multifamily Dallas Report-March 2022Dallas Assets Pique Investor Interest

Texas’ overperforming multifamily market was led by the Dallas-Fort Worth Metroplex. The region led all U.S. markets in both deliveries and transactions. With the average rent still well under the national average, at $1,434 as of January, improvement will likely continue.

3/24/2022Matrix Multifamily Detroit Report-March 2022Deliveries Double in Detroit

Developers completed 2,039 units in 2021, almost doubling 2020. This influx of new supply tempered last summer’s high occupancy rate in stabilized properties, bringing it to 96.9 percent as of December. Rent growth softened during the winter, with the average asking rent of $1,165 leaving plenty of room for improvement.

3/24/2022Matrix Multifamily Houston Report-March 2022Houston Fundamentals Improve

Following a turbulent decade, the metro posted strong 2021 sales activity, with $10.4 billion in multifamily assets trading. Houston was second among all major markets in inventory expansion, as demand for housing stayed elevated.

3/24/2022Matrix Multifamily Inland Empire Report-March 2022Limited Availability in the Inland Empire

San Bernardino and Riverside counties’ notoriously low-volume inventory expansion continued in 2021, leading to tight occupancy, at 97.9% as of December. Although the average asking rent was $2,024 as of January, the Inland Empire is still the most affordable major market in Southern California.

3/24/2022Matrix Multifamily Kansas City Report-March 2022Kansas City’s Steady Pace

Although lacking the breakneck evolution of gateway or Sun Belt cities, Kansas City’s multifamily market continues to show improving fundamentals amid solid economic growth. Rents were up 7.2 percent year-over-year going into 2022, while occupancy rose 120 basis points over 12 months.

3/2/2022Matrix Multifamily Boston Report-February 2022Boston Recovery Continues

Limited development in Boston pushed up the occupancy rate to 96.5 percent in November, and asking rents rose 0.7 percent on a T3 basis through December, to $2,514. Last year’s transaction volume marked a new high, nearing $3.2 billion.

3/2/2022Matrix Multifamily Los Angeles Report-February 2022L.A. Multifamily Remains Resilient

The Los Angeles multifamily sector performed well in 2021, despite demographic struggles and lagging job recovery. Even so, the metro recorded an average overall asking rent of $2,402 as of December, among the highest asking rents in the nation.

3/2/2022Matrix Multifamily Miami Report-February 2022South Florida is a National Standout

Miami rents grew by 23.5 percent year-over-year through December, with the metro ranking third for rent growth nationally. The average rent hit $2,133, while the U.S. rate clocked in at $1,594. Investors traded $7.4 billion in multifamily assets in 2021, a regional record.

3/2/2022Matrix Multifamily Portland Report-February 2022Portland Makes Progress

Rent growth in Portland softened to 0.3 percent on a T3 basis through December, reaching $1,635. The job market posted a 6 percent expansion as of October, outperforming the nation by 70 basis points.

3/2/2022Matrix Multifamily Raleigh Report-February 2022Triangle Gains Ground

Rents averaged $1,493 in December, with growth on a T3 basis almost on par with the U.S. rate. Investment volume hit an all-time high of $3.4 billion last year, while 5,339 units came online.

3/2/2022Matrix Multifamilly San Diego Report-February 2022San Diego Sets Records

Strong demand sustained San Diego’s multifamily market, which paired with limited growth pushed asking rents up 1.1 percent on a T3 basis through December, to $2,370, and brought occupancy close to 98 percent in November. Transaction volume marked an all-time high, surpassing $2.7 billion in 2021.

3/2/2022Matrix Multifamily San Francisco Report-February 2022Renters Return to San Francisco

San Francisco’s occupancy rate rose 2 percent in the 12 months ending in November, to 94.6 percent. Meanwhile new inventory marked an all-time high last year as the job market expanded by 5 percent as of October, signaling tailwinds for multifamily ahead.

3/2/2022Matrix Multifamily Seattle Report-February 2022Steady Performance in Seattle

Although rent growth was minimal, at 0.1 percent on a T3 basis, Seattle rents remained elevated at $2,328 as of December. Meanwhile, multifamily investment rebounded after a slow 2020, with per-unit prices moving up to an average of $372,476.

3/2/2022Matrix Multifamily Tampa Report-February 2022Tampa Investment Levels Up

Tampa’s transaction volume grew in 2021, with $4.6 billion in multifamily investment activity through 12 months. Often a sub-average rental market in the past, Tampa now surpasses national average asking rent with a $1,676 recorded as of December.

3/2/2022Matrix Multifamily Washington DC Report-February 2022DC Maintains Performance

Although rent growth decelerated in the fourth quarter, metro D.C. rates advanced 9.7 percent over the last year, with average rents reaching $1,958. Both sales and deliveries were strong.

1/26/2022Matrix Multifamily Atlanta Report-January 2022Peachy Times in Atlanta

Rent growth in Atlanta softened to 1.2% on a trailing three-month basis through November, to $1,627, surpassing the $1,590 U.S. average. Stock expansion and transaction activity through November have reached new highs in the metro.

1/26/2022Matrix Multifamily Brooklyn Report-January 2022Brooklyn’s Woes Wane

Although easing slightly, Brooklyn’s multifamily market struggles continued, with its rent growth at 0.7% on a trailing three-month basis as of November. With the eviction moratorium set to end in January 2022, the New York City multifamily market is at something of a crossroads.

1/26/2022Matrix Multifamily Charlotte Report-January 2022Charlotte: Recovery in Full Swing

Rents averaged $1,464 in November, marking a 1.2% improvement on a trailing three-month basis. Transactions surpassed $3.2 billion, already outperforming 2019’s $3.1 billion cycle peak. More than 18,600 units were under construction, with 2022 total deliveries expected to hit a decade high.

1/26/2022Matrix Multifamily Chicago Report-January 2022Chicago’s Recovery Continues

Rents averaged $1,689 in November, with growth on a T3 basis at half the U.S. figure. Investments of $2.8 billion nearly double last year’s volume. Nearly 16,500 units were underway, but deliveries hit a five-year low.

1/26/2022Matrix Multifamily Denver Report-January 2022Denver – In Growth Mode

Rent growth in Denver softened to 0.7% on a trailing three-month basis through November, to $1,786, following six consecutive months of growth above the 1.5% mark. The employment market rose 6.3% in the 12 months ending in September, recording the fourth consecutive month of expansion.

1/26/2022Matrix Multifamily Manhattan Report-January 2022Manhattan Market Finds Footing

With rent growth significantly rebounding during the year’s second half following a prolonged downward trend, the borough’s average rent was the still the highest among major markets, at $4,172, up 0.8% on a trailing three-month basis.

1/26/2022Matrix Multifamily Nashville Report-January 2022Nashville’s Impromptu Performance

Rent growth in Nashville moderated to 1.1% on a trailing three-month basis through November, to $1,508, following six consecutive months of growth around the 2.0% mark. The employment market outperformed the nation, and the transaction volume recorded a new high.

1/26/2022Matrix Multifamily Phoenix Report-January 2022Phoenix – New Horizons

Phoenix rents rose 25.9% on a year-over-year basis through November, to $1,607, leading all major U.S. markets, while the inventory expansion and investment activity marked new peaks. The job market expanded 7.0% in the 12 months ending in September, reaching a full employment recovery.

1/26/2022Matrix Multifamily Queens Report-January 2022Queens Recovery Slow to End 2021

The borough’s rent growth ended the year on a brighter note than it started, with growth at 1.0% on a trailing three-month basis as of November. Despite lulls in both construction and sales, the average occupancy rate in stabilized assets stood at 98.0%, up 30 basis points since January 2021.

1/26/2022Matrix Multifamily Twin Cities Report-January 2022Twin Cities Carry On

Rents averaged $1,425 in November, marking a 0.5% uptick on a T3 basis. Investor appetite reignited as deals totaled $1.2 billion year-to-date through November, nearly 25% above the 2020 total deal volume. More than 18,000 apartments were under construction, with the bulk of them aimed at high-income residents.

12/31/2021Matrix Multifamily Baltimore Report-Fall 2021Baltimore’s Steady Recovery

Rents averaged $1,601 in October, up 1.4% on a T3 basis. Multifamily investments hit a record $2.2 billion, nearly 50% higher than last year. Some 4,300 units were under construction, though deliveries are at an historic low.

12/31/2021Matrix Multifamily Detroit Report-Fall 2021Detroit’s Gearing for Recovery

Detroit rents rose 1.1% on a trailing three-month basis through October, to $1,157, lagging the 1.5% U.S. rate. The job market rose 8.7% in the 12 months ending in August, posting the fourth consecutive month of expansion.

12/31/2021Matrix Multifamily Houston Report-Fall 2021Houston Steps Up the Pace

Rents averaged $1,231, up 1.3% on a T3 basis through October. Some 26,000 units were under construction, with deliveries to hit 17,000 by year-end. Transaction volume through October hit $6.8 billion, already a cycle peak.

12/31/2021Matrix Multifamily Inland Empire Report-Fall 2021The Inland Empire Expands

Rents averaged $1,993 in October, a 1.9% increase on a T3 basis. Transactions totaled $1.9 billion, 81.2% higher than last year. Development slowed, with 2,702 units underway and approximately 1,900 units slated to deliver by year-end.

12/31/2021Matrix Multifamily Kansas City Report-Fall 2021Kansas City’s Midwestern Recovery

Following a strong summer, Kansas City’s multifamily market is poised to end the year on a solid note, with rent growth at 0.6% on a trailing three-month basis. Following a year-over-year improvement rate of 7.0%, the metro’s overall average rent reached $1,099 as of October.

12/31/2021Matrix Multifamily Las Vegas Report-Fall 2021Recovery Well Underway in Vegas

Rent growth in Las Vegas was up 2.6% on a trailing three-month basis through October, to $1,437, well above the 1.5% national rate. The job market ranked first among major metros, expanding by 9.1% in the 12 months ending in August.

12/31/2021Matrix Multifamily Orlando Report-Fall 2021Central Florida Steps Up Its Game

Orlando rents averaged $1,640 in October, up 2.5% on a T3 basis. Multifamily investment activity intensified, hitting a decade high of $3.6 billion in the first 10 months of the year, while deliveries also reached a historic high as 9,386 units came online.

12/31/2021Matrix Multifamily Philadelphia Report-Fall 2021Philadelphia’s Playing for a Comeback

Metro Philadelphia rents rose 1.2% on a trailing three-month basis as of October, to an above-U.S. average of $1,589. Investment activity in Philadelphia heated up in 2021, with the overall sales volume of the first 10 months of the year already outpacing 2020’s annual total.

12/31/2021Matrix Multifamily Sacramento Report-Fall 2021Sacramento Stays Balanced

Sacramento rents rose 1.4% on a trailing three-month basis, to $1,882, while on an annual basis they rose a robust 15.4% increase. The employment market improved by 3.8% in the 12 months ending in August, the third consecutive month of expansion.

12/31/2021Matrix Multifamily San Jose Report-Fall 2021San Jose Awaits Big Tech’s Return

San Jose rents rose 1.2% on a trailing three-month basis through October, to $2,816, sustained primarily by demand for Lifestyle units. That demand also boosted occupancy and supply. The employment market rose 2.5% in the 12 months ending in August, the second consecutive month of expansion.

11/17/2021Matrix Multifamily Austin Report-Fall 2021Austin – Ongoing Magnetism

Austin rents rose 17.7% on a year-over-year basis through September to $1,620, but showed signs of a slowdown on a trailing three-month basis, rising just 2.1%. The employment market expanded by 5.0% in the 12 months ending in July, topping all major markets.

11/17/2021Matrix Multifamily Boston Report-Fall 2021Boston Gains Ground

Rents averaged $2,462, up 1.6% on a T3 basis through September. More than 17,000 units were under construction, with deliveries expected to hit 8,600 by year-end. Transactions through September totaled $2 billion, more than during all of 2020.

11/17/2021Matrix Multifamily Dallas Report-Fall 2021Dallas – Rents Keep on Rising

Rent growth in the Metroplex saw a 1.8% increase on a trailing three-month basis through September, reaching $1,388. The employment market expanded by 3.5% in the 12 months ending in July, and transaction volume reached the highest value of the decade.

11/17/2021Matrix Multifamily Los Angeles Report-Fall 2021LA Makes Steady Progress

As of September, rents rose by 1.1% to $2,328 on a trailing three-month basis, above the $1,558 U.S. average. Year-over-year, rates increased by 7.2%, a welcome improvement among primary markets, where growth is trailing the Southeast and Southwest.

11/17/2021Matrix Multifamily Raleigh Report-Fall 2021Raleigh Gears Up for 2022

The Triangle seems to have fully recovered from the most recent downturn. As of September, rents had risen by 3.0% to $1,484 on a trailing three-month basis. Transactions totaled $2.4 billion, more than during all of 2020, while deliveries are expected to hit an all-time high of 7,960 units by year-end.

11/17/2021Matrix Multifamily San Diego Report-Fall 2021San Diego – Relearning the Ropes

San Diego rents rose 1.8% on a trailing three-month basis through September, to $2,260, outperforming the national rate by 20 basis points. The employment market posted a 1.7% expansion in the 12 months ending in July, marking the first month of positive growth.

11/17/2021Matrix Multifamily San Francisco Report-Fall 2021San Francisco – Steady Progress

Rent growth in the Bay Area marked a 1.2% increase on a trailing three-month basis through September, to $2,640. The employment market trailed the 2.5% national rate, expanding by less than 0.1%, but left negative territory.

11/17/2021Matrix Multifamily Seattle Report-Fall 2021Seattle Market Well Into Recovery

Rents in the Puget Sound area rose to $2,046 in September, a 2.0% uptick on a T3 basis and 40 basis points above the national rate. Nearly $2 billion in multifamily deals closed during the first three quarters of the year, and 26,470 apartments were underway as of September.

11/17/2021Matrix Multifamily Tampa Report-Fall 2021Tampa Maintains Recovery Momentum

Rents increased by 2.7% to $1,614 on a trailing three-month basis as of September, above the $1,558 U.S. average. Tampa was also among metros with annual asking rent expansion higher than 20%. Year-over-year, Tampa rents edged up by 22.6%.

11/17/2021Matrix Multifamily Washington DC Report-Fall 2021Washington, DC, Gains Ground

Rents increased by 1.2% on a T3 basis through September to $1,952. Transaction volume totaled $3.8 billion during the first nine months of the year, a 4.5% increase over last year. Nearly 40,000 units were under construction, with 7,965 units completed through September.

10/20/2021Matrix Multifamily Indianapolis Report-Fall 2021Indianapolis Carries On

Indy rents averaged $1,052, a 1.1% increase on a T3 basis through August. Meanwhile construction slowed, with deliveries of fewer than 1,000 units. As investors shifted focus to rent-by-necessity assets, $309 million in transactions was recorded.

10/20/2021Matrix Multifamily Richmond Report-Fall 2021Richmond is Resilient

Rents rose to $1,325 in August, a 1.7% uptick on a T3 basis, in line with national growth. Nearly $780 million in multifamily transactions closed year-to-date, and around 11,500 units were under construction.

10/20/2021Martix Multifamily Portland Report-Fall 2021Portland Rents Outperform

Rents inched up 2.0% on a T3 basis as of August, 30 basis points ahead of the national rate. The average Portland rent was $1,604, above the $1,539 U.S. average. Year-over-year, rents in the metro climbed 11.3% as of August.

10/20/2021Matrix Multifamily St Louis Report-Fall 2021Steady Progress for St. Louis

Rent growth in St. Louis posted a 1.1% increase on a T3 basis through August to $1,075, sustained by the Lifestyle segment. Employment growth in the 12 months ending in June marked a 0.6% rise, double the 0.3% national rate.

10/20/2021Matrix Multifamily San Antonio Report-Fall 2021Improving in San Antonio

San Antonio rents rose 1.5% on a trailing three-month basis through August to $1,149, boosted by the upscale segment. The employment market posted a 2.8% expansion in the 12 months ending in June, and transaction volume has already surpassed last year.

10/20/2021Matrix Multifamily Cleveland Report-Fall 2021Slow Growth for Cleveland

Cleveland rents rose 0.7% on a T3 basis through August to $1,016, trailing the 1.7% national average but well above pre-pandemic levels. A reported 3,884 units are underway, but new deliveries lag, totaling just 315 units in 2021 through August.

10/20/2021Matrix Multifamily Orange County Report-Fall 2021Steady Progress in the OC

Rent growth in Orange County improved by 1.6% on a T3 basis through August to $2,343, due to rising demand and limited inventory. Investor activity picked up, with deal volume through August surpassing 2020 and 2019 totals.

10/20/2021Matrix Multifamily Salt Lake City Report-Fall 2021Jobs Buoy SLC

Salt Lake City’s quick rebound has been propped up by strong demographics, as well as its solid employment market. Rents in the metro were up 1.5% on a T3 basis, slightly below the 1.7% national rate.

10/20/2021Matrix Multifamily Miami Report-Fall 2021Demand Persists in Miami

The rental market is overperforming in most metrics, with rents up 2.8% on a T3 basis as of August. With the overall average at $1,992, rents are well over the national average, as new residents have poured into the market over the past 12 months.

9/15/2021Matrix Multifamily Albuquerque Report-Summer 2021Albuquerque records consistent recovery

Following a softer first quarter in rent growth, Albuquerque’s rents rose 1.9% to $1,079 on a trailing three-month basis through July. The job market posted a 3.2% contraction in the 12 months ending in May, improving from the -5.7% rate the month prior.

9/15/2021Matrix Multifamily Chicago Report II-Summer 2021Rents edge up in Chicago

Rents averaged $1,648 in July, an increase of 1.6% on a T3 basis, in line with national growth. Investment activity hit $1.4 billion, already exceeding last year’s total volume. Construction activity slowed down, with 16,213 units underway.

9/15/2021Matrix Multifamily Columbus Report-Summer 2021Central Ohio finds its footing

Benefiting from pandemic-induced migration patterns and economic stimulus payments, Columbus is likely to perform well for the rest of the year. As of July, rents in Franklin County were up 1.0% on a trailing three-month basis and multifamily investment hit $268 million, some 40% above the same period last year.

9/15/2021Matrix Multifamily Denver Report II-Summer 2021Denver purchase prices spike

Rent growth in Denver marked a 2.0% uptick on a trailing three-month basis through July, to $1,715, as deliveries softened despite a robust construction pipeline. Transaction activity remained high and the price per unit rose by 41.0% on a year-over-year basis.

9/15/2021Matrix Multifamily Jacksonville Report-Summer 2021Jacksonville’s rebound in full swing

The Northeast Florida metro ranked among leading markets for year-over-year rent growth, with rates up 17.4% in July. On a trailing three-month basis as of July, Jacksonville rents were up 3.1%, to $1,562, slightly above the $1,510 U.S. average.

9/15/2021Matrix Multifamily Knoxville Report-Summer 2021Knoxville edges up

Knoxville rents rose 1.6% to $1,176 on a trailing three-month basis through July, on par with the U.S. growth rate but below the national average rent of $1,510. Employment growth turned positive, rising 0.6% in the 12 months ending in May, well above the -1.9% U.S. rate.

9/15/2021Matrix Multifamily Nashville Report II-Summer 2021Nashville’s steady recovery

Rents increased by 2.0% on a T3 basis through July to $1,424, led by Lifestyle sector growth of 2.4%. Construction starts slowed, however 17,000 new units are underway. Year-to-date transactions hit $1.1 billion through July.

9/15/2021Matrix Multifamily Phoenix Report II-Summer 2021Phoenix demand leads the nation

Phoenix rents posted the best performance in the U.S., rising 2.3% on a trailing three-month basis through July, to $1,453. Employment marked a 0.1% uptick in the 12 months ending in May, while through July, investment volume nearly matched the 2020 total amount.

9/15/2021Matrix Multifamily Queens Report-Summer 2021Queens makes progress

Recovery in gateway markets is gaining momentum as people who left cities during the pandemic are making their way back. As of July, rents in Queens were up 2.2% on a trailing three-month basis, to $2,556, well above the $1,510 national average.

9/15/2021Matrix Multifamily Twin Cities Report-Summer 2021On the mend in the Twin Cities

On a trailing three-month basis through July, rents grew by 0.5%, averaging $1,381. Investment remained strong, with $522 million in multifamily assets changing hands in the first seven months of the year. Developers already completed 4,232 units and Yardi Matrix expects deliveries to hit 8,355 units this year, which would mark a cycle peak.

8/25/2021Matrix Multifamily Atlanta Report-Summer 2021Atlanta accelerates

Atlanta rents rose 1.9% on a T3 basis through June to $1,484, closing the gap on the national average. The employment market shrunk by just 1.0% in the 12 months ending in May, prompting a positive outlook.

8/25/2021Matrix Multifamily Baltimore Report-Summer 2021Baltimore attracts investors

Rents increased by 1.3% on a T3 basis through June to $1,506. Investment activity picked up with $1.1 billion in transactions closed in the first half of 2021, nearly double the same time last year.

8/25/2021Matrix Multifamily Brooklyn Report-Summer 2021Brooklyn takes baby steps

Although Brooklyn’s rent growth on a T3 basis through June hit 2.1%, the borough still has a long way to go before full recovery. By mid-year, no community of 50+ units had changed hands and developers had completed just 449 units.

8/25/2021Matrix Multifamily Charlotte Report-Summer 2021Charlotte bounces back

The metro’s swift recovery continues. Investment volume matched 2019’s performance for the first six months of the year and deliveries almost surpassed last year’s total supply additions. On a T3 basis through June, rents improved by 1.9% to $1,338.

8/25/2021Matrix Multifamily Detroit Report-Summer 2021Positive signs for Detroit

Following a brief softening in rent growth, the average rent rose 0.8% on a T3 basis through June to $1,103. Employment growth turned positive, rising 0.3% in the 12 months ending in May, well above the -1.9% national rate.

8/25/2021Matrix Multifamily Inland Empire Report-Summer 2021The Inland Empire outperforms

Rent growth in the Inland Empire remained among the highest in the nation, up 1.7% on a T3 basis through June to $1,843. The job market registered a 0.8% contraction in the 12 months ending in May, outperforming the -1.9% national rate.

8/25/2021Matrix Multifamily Kansas City Report-Summer 2021Kansas City makes headway

On similar footing with other Midwest metros, Kansas City’s rental market continued to improve during the second quarter. As of June, rents were up 0.9% on a T3 basis to $1,058, below the $1,482 U.S. average.

8/25/2021Matrix Multifamily Las Vegas Report-Summer 2021Rents rise in Las Vegas

Las Vegas rents rose 1.7% on a T3 basis through June to $1,278, 60 basis points above the national average. The employment market posted a 4.4% contraction in the 12 months ending in May, trailing the -1.9% U.S. rate.

8/25/2021Matrix Multifamily Manhattan Report-Summer 2021Manhattan shows strength

With people gradually returning to urban cores, rent growth in gateway markets is the result. As of June, rents in Manhattan increased 2.2% on a T3 basis, to $3,869, more than double the $1,482 U.S. average.

8/25/2021Matrix Multifamily Philadelphia Report-Summer 2021Philadelphia presses on

Rents increased to $1,510, a 1.1% gain on a T3 basis through June. Investment volume picked up as pricing per unit neared $163,000. Deliveries through June topped 2,200 units, with nearly 15,000 more under construction.

6/23/2021Matrix Multifamily Boston Report-Summer 2021Boston shows bounce

Boston’s rent performance turned positive, up by 0.4% on a trailing three-month basis through April to $2,258. However, jobs are down by 9.3% year-over-year through March and will need to pick up to maintain rent recovery. Meanwhile, multifamily development has surged and transactions are on the upswing.

6/23/2021Matrix Multifamily Chicago Report-Summer 2021Chicago rents regain strength

Chicago’s multifamily metrics have started to bounce back. In April, metro rents were up 0.5% on a trailing three-month basis to $1,532, above the $1,417 U.S. average.

6/23/2021Matrix Multifamily Denver Report-Summer 2021Denver rents gain momentum

As the metro moves through a phased recovery, multifamily rates have also started to bounce back—as of April, rents were up 0.5% on a trailing three-month basis to $1,578, above the $1,417 national average.sure

6/23/2021Matrix Multifamily Los Angeles Report-Summer 2021Los Angeles looks for a rebound

LA’s multifamily market shows its first positive signs, with rents rising 0.1% on a trailing three-month basis through April to $2,166. But employment still has a long way to go, contracting by 11.5% in the year ending in February.

6/23/2021Matrix Multifamily Miami Report-Summer 2021Miami works magic

Gateway markets continued to recover this month, with Miami leading the way. Rents improved by 0.8% on a trailing three-month basis through April to an average of $1,775. And investment activity surpassed $1.4 billion through April 2021, doubling last year’s performance.

6/23/2021Matrix Multifamily Nashville Report-Summer 2021Nashville turns up recovery

Employment is rebounding, particularly in office and logistics, even as the tourism economy struggles. Impacts are shown in rent growth, which hit 0.5% on a T3 basis. Multifamily investment also started 2021 strong.

6/23/2021Matrix Multifamily Phoenix Report-Summer 2021Phoenix rises

Strong demographic expansion pressured demand and rents rose 0.9% on a trailing three-month basis through April to $1,316. The employment market shrunk by just 3.7% in the 12 months ending in February, putting the city in a much stronger position than most. Meanwhile, transaction and development remained elevated.

6/23/2021Matrix Multifamily Portland Report-Summer 2021Progress in Portland

Healthy demand pushed Portland rents up by 0.7% on a T3 basis through April to $1,473, outperforming the U.S. average. But the employment market trailed the nation, contracting by 8.4% in the year ending in February.

6/23/2021Matrix Multifamily San Diego Report-Summer 2021Wind back in San Diego’s sails

Most coastal markets have struggled as the pandemic recedes, but San Diego is faring better. Rent growth on a trailing three-month basis was 0.6% as of April, with the average rent at a strong $2,056. Occupancy has also increased significantly, sitting at 96.2% in stabilized properties as of March.

6/23/2021Matrix Multifamily Raleigh Report-Summer 2021Raleigh on track to recovery

As with other Sun Belt secondary markets, the Triangle’s multifamily outlook is positive in both the near and long term. Rent growth hit 0.3% on a T3 basis through April, transaction activity has accelerated and deliveries are far surpassing 2020 levels.

5/18/2021Matrix Multifamily Philadelphia Report-Spring 2021Philadelphia’s slow recovery

Showing signs of improvement, Philadelphia Lifestyle and RBN rents both increased by 0.4% on a trailing three-month basis. Development continued, with more than 13,000 units under construction. Transaction volume, however, has yet to bounce back from its 58.1% drop last year.

5/18/2021Matrix Multifamily Atlanta Report-Spring 2021Diverse economy drives Atlanta recovery

Rent growth in Atlanta moderated slightly, but rents still rose 0.3% on a trailing three-month basis through March to $1,378. The employment market contracted by just 3.5% in the 12 months ending in December, outperforming the -6.8% national rate.

5/18/2021Matrix Multifamily Brooklyn Report-Spring 2021Recovery on the horizon for Brooklyn

Brooklyn rents were up 0.3% on a trailing three-month basis through March, to $2,637. Year-over-year, Brooklyn rates were still down 10.5% as of March, but recent activity points to steady improvement.

5/18/2021Matrix Multifamily Charlotte Report-Spring 2021Steady gains in Charlotte

Charlotte has continued to be resilient, with rents improving for the third consecutive quarter. On a trailing three-month basis through March, rents rose 0.3% to an average of $1,251.

5/18/2021Matrix Multifamily Las Vegas Report-Spring 2021Las Vegas rents keep rolling

Las Vegas rents remained among the top three performers nationally, rising by 0.5% on a trailing three-month basis through March to $1,187, 20 basis points above the U.S. average. Investor demand, however, is waning: transaction activity softened, and the per-unit price fell by 38.8% to $113,052.

5/18/2021Matrix Multifamily Manhattan Report-Spring 2021Manhattan takes steps forward

With 1 million jobs missing from New York City, the boroughs have a long road ahead. As of March, Manhattan rents were down 0.5% to $3,626 on a trailing three-month basis. More than 5,000 new units are also under construction, meaning pressure on pricing is likely to stick around even as the job market improves.

5/18/2021Matrix Multifamily Queens Report-Spring 2021Queens continues to face hardships

Queens rents were down 0.6% on a trailing three-month basis through March to $2,427. Development has also tanked: the number of completed units in the 12 months ending in March dropped 80.9% to 406 units from the previous 12 months, marking a five-year low.

5/18/2021Matrix Multifamily San Antonio Report-Spring 2021Rents stay static in San Antonio

San Antonio’s robust supply additions and substantial construction pipeline, coupled with pandemic disruptions, kept rent growth flat on a trailing three-month basis through March at $1,056.

5/18/2021Matrix Multifamily St Louis Report-Spring 2021St. Louis is rebounding slowly

Rent growth in St. Louis moderated, rising 0.1% on a trailing three-month basis through March to $1,003. Meanwhile construction activity remains intense, with 4,491 units underway.

5/18/2021Matrix Multifamily Twin Cities Report-Spring 2021Twin Cities makes recovery strides

The Minneapolis-St. Paul metro has persevered through the pandemic. Both Lifestyle and RBN rents increased by 0.2% on a trailing three-month basis through March. Development continues at a steady pace, with 1,991 units delivered in the first quarter

4/22/2021Matrix Multifamily Albuquerque Report-Spring 2021Albuquerque’s improving fundamentals

Albuquerque rents appreciated by 0.3% on a trailing three-month basis and by 6.1% on a year-over-year basis through February to $994. The employment market, at -4.8% in the year ending in December, outperformed the national average by 200 basis points.

4/22/2021Matrix Multifamily Cleveland Report-Spring 2021Northeast Ohio’s resilience

Cleveland’s multifamily market has been durable despite economic volatility. Since the onset of the pandemic, rent growth has not slipped into negative territory. On a trailing three-month basis through February, rents rose 0.2% to $980, while the U.S. figure contracted by 0.1% to $1,399.

4/22/2021Matrix Multifamily Columbus Report-Spring 2021Columbus stays afloat

Columbus rents rose 0.3% to $1,037 on a trailing three-month basis through February. However, COVID-19 has heavily impacted the metro’s employment pool, which contracted by 70,500 positions in 2020, according to federal estimates.

4/22/2021Matrix Multifamily Indianapolis Report-Spring 2021Indianapolis endures

The Indianapolis multifamily market has remained resilient during the pandemic, thanks to demand driven by a supply imbalance in Class A assets. Rents were up 0.3% to $877 on a trailing three-month basis through February.

4/22/2021Matrix Multifamily Jacksonville Report-Spring 2021Jacksonville rents expand

Rent growth in the metro was consistent through 2020, and the positive momentum carried over into the new year. As of February, rents were up 0.1% to $1,168 on a trailing three-month basis, slightly below the $1,399 national average.

4/22/2021Matrix Multifamily Knoxville Report-Spring 2021Knoxville rents rise

Knoxville rents rose 0.4% to $1,099 on a trailing three-month basis through February, with strong demand for both asset classes. The employment market posted a 2.2% contraction in the 12 months ending in December, substantially outperforming the -6.8% national rate.

4/22/2021Matrix Multifamily Orange County Report-Spring 2021Orange County’s path to recovery

Orange County rents rose 0.3% to $2,449 on a trailing three-month basis through February, but the employment market remained sluggish, down 9.4% in the 12 months ending in December. Investment activity resumed, with the per-unit price marking a new high.

4/22/2021Matrix Multifamily Pittsburgh Report-Spring 2021Pittsburgh shows signs of life

Rents increased by 0.3%, with RBN growth leading the pack. Investment volume increased 4.6% to $245 million, as per-unit pricing jumped by nearly 9%. Developers broke ground on 1,100 units in 2020 as deliveries slowed.

4/22/2021Matrix Multifamily Richmond Report-Spring 2021Rent growth softens in Richmond

A robust recent supply and construction pipeline tempered rent growth in Richmond; it rose 0.3% on a trailing three-month basis through February, to $1,204. The diverse economy aided the employment market, which posted a 4.6% contraction in the year ending in December.

4/22/2021Matrix Multifamily Salt Lake City Report-Spring 2021Fast-Paced Recovery Expected for Salt Lake City

The trend of lower-cost markets outperforming is visible in Salt Lake City. Unemployment is the lowest in the Western region and the metro’s multifamily market has been resilient. At $1,249, the average rent grew 0.4% on a trailing three-month basis through February, 30 basis points above the U.S. rate.

3/10/2021Matrix Multifamily Austin Report-Winter 2021Austin’s appeal endures

While rent growth rebounded in Austin, its employment market contracted 2.8% year-over-year as of November. The number of apartments added to the market in 2020 was the second highest influx of the decade, and transaction activity also soared.

3/10/2021Matrix Multifamily Baltimore Report-Winter 2021Baltimore’s rocky yet robust 2020

Baltimore rents were up 0.4% on a trailing three-month basis, to $1,426. However, the pandemic hit the metro’s employment pool hard, causing it to contract by 97,500 positions in 2020, according to federal estimates.

3/10/2021Matrix Multifamily Dallas Report-Winter 2021Dallas rents on the rise

Rent growth marked its fifth consecutive month of appreciation in Dallas, rising 0.2% on a trailing three-month basis through January to $1,225. Employment growth posted a 3.3% contraction in the 12 months ending in November, well above the -7.2% U.S. rate.

3/10/2021Matrix Multifamily Detroit Report-Winter 2021Detroit multifamily on solid ground

Despite the challenges of 2020, multifamily fundamentals held up in Detroit. Steady rent growth persisted, with the rental average reaching $1,052 in December and holding through January.

3/10/2021Matrix Multifamily Houston Report-Winter 2021Houston hunkers down

Houston’s multifamily market is facing challenges, including record low oil prices and the cleanup from February’s harsh winter storm. As of January, rents stayed flat on a trailing three-month basis, at $1,109, behind the $1,466 national average.

3/10/2021Matrix Multifamily Inland Empire Report-Winter 2021The Inland Empire expands

Rents increased 0.6%, with “Lifestyle” rent growth at 1.0%. Investment volume dropped by 40 percent in 2020 to $1 billion, but per-unit prices hit a new high. Developers broke ground on some 1,000 units in the second half of 2020.

3/10/2021Matrix Multifamily Kansas City Report-Winter 2021Kansas City sees pandemic impact

While rent expansion was consistent in Kansas City throughout 2020, the pandemic’s impacts became visible near year-end and carried over into early 2021. Rents were down 0.2% to $1,008 on a trailing three-month basis as of January.

3/10/2021Matrix Multifamily Orlando Report-Winter 2021Central Florida’s recovery: a long-haul trip

Ongoing economic volatility continues to challenge Orlando’s multifamily market. For the fifth consecutive quarter, rent movement in Central Florida has trended negative. Rates dropped 0.2% to an average of $1,336.

3/10/2021Matrix Multifamily Sacramento Report-Winter 2021Sacramento rents keep climbing

Rents rose 0.5% on a trailing three-month basis through January to $1,392, ranking Sacramento second for growth among major U.S. metros. Supply additions marked a new high in 2020, while per-unit prices rose by 27%.

3/10/2021Matrix Multifamily San Jose Report-Winter 2021San Jose’s long road to recovery

San Jose rents continued to slide, down 0.9% on a trailing three-month basis through January to $2,545, and included heavy concessions. The tech-focused employment market posted a 7.4% contraction in the 12 months ending in November.

2/18/2021Matrix Multifamily Boston Report-Winter 2021Boston’s bumpy road ahead

Rents contracted by 0.5%, with Lifestyle rents dropping 0.7%. Transactions through December totaled $1 billion, a 65% decline from 2019. Developers added 7,128 units in 2020, with 18,167 more units underway.

2/18/2021Matrix Multifamily Los Angeles Report-Winter 2021L.A. battles gateway market troubles

The market could not avoid rent drops in 2020—it was down 3.0% year-over-year as of December—but there is some relief in sight. Forty of the metro's 97 submarkets saw positive year-over-year rent movement. And deliveries have stayed strong, with 9,458 units delivered last year as demand withstood a population drop.

2/18/2021Matrix Multifamily Miami Report-Winter 2021Miami multifamily holds steady

Rents in the Miami metro were up 0.4% to $1,704 on a trailing three-month basis as of December, well above the $1,462 U.S. average. As the metro weathers pandemic-driven economic hardships, Miami is considered an example of resilience in the face of adversity.

2/18/2021Matrix Multifamily Portland Report-Winter 2021Portland powers through

Average rents in Portland slid 0.1% on a trailing three-month basis through December, in line with the U.S. rate. Despite economic damages inflicted by the pandemic, the metro’s multifamily market is well positioned to thrive long-term.

2/18/2021Matrix Multifamily Raleigh Report-Winter 2021The Triangle’s path to recovery

With strong fundamentals mitigating most of last year’s economic shock, the Raleigh-Durham multifamily market is well positioned for a steady recovery. The average rent was down 0.2% on a trailing three-month basis through December, to $1,226. Meanwhile, the national average contracted by 0.1% to $1,462.

2/18/2021Matrix Multifamily San Diego Report-Winter 2021San Diego eyes 2021 rebound

Following a bumpy second quarter, San Diego multifamily found a smoother course in the second half of 2020. And while the average rent was down 0.3% last year, both rate growth and development are expected to recover this year.

2/18/2021Matrix Multifamily San Francisco Report-Winter 2021Bay Area rentals take hit

The Bay Area’s average rents were heavily impacted by pandemic fallout, down 1.1% on a trailing three-month basis as of December. At $2,463, the market still has one of the highest average rents in the nation, and its tech-focused economy has begun its anticipated recovery.

2/18/2021Matrix Multifamily Seattle Report-Winter 2021Seattle sees a slide

Seattle’s multifamily market ended 2020 in a difficult position. Rents were down 1.1% on a three-month basis through December, to $1,797. However, the figure remained above the $1,465 U.S. average. Rent growth is expected to rebound by the end of this year.

2/18/2021Matrix Multifamily Tampa Report-Winter 2021Despite job losses, Tampa rents are strong

As of December, the metro led the top 30 markets for short-term rent gains. On a trailing three-month basis, rents were up 0.8% to $1,337, just below the $1,462 U.S. average. With an attractive climate and strong long-term prospects, Tampa is slated for further growth.

2/18/2021Matrix Multifamily Washington DC Report-Winter 2021Rents drop, development stays strong in DC

Washington, D.C., rents were down 0.7% on a trailing three-month basis, to $1,758. Additionally, the metro’s employment market remains rattled, contracting by 181,100 positions (6.1%), in the 12 months ending in November.

1/14/2021Matrix Multifamily Atlanta Report-Winter 2021Atlanta exemplifies strength

Rent growth rebounded in Atlanta, up 0.7% on a trailing three-month basis through November to $1,354. The 6.1% contraction in employment growth over 12 months ending in September placed the metro among the top performers in the nation.

1/14/2021Matrix Multifamily Brooklyn Report-Winter 2021Testing Times for Brooklyn

Brooklyn rents were down 2% on a trailing three-month basis, to $2,621. New York City’s employment market took a hit last year, contracting by 15.3%, or 834,500 positions, as of September.

1/14/2021Matrix Multifamily Charlotte Report-Winter 2021Charlotte moves forward

After overcoming the pandemic-propelled economic shock, Charlotte’s multifamily market is now on a recovery path. Overall rents averaged $1,229 in November, growing by 0.5% on a trailing three-month basis, while the U.S. growth rate stayed flat.

1/14/2021Matrix Multifamily Chicago Report-Winter 2021Chicago hits a roadblock

Rents contracted by 0.6%, with Lifestyle sector rents dropping 1.1%. Transactions through November totaled $1 billion, a 60% decline compared to the previous year. Development remained underway on 17,500 units, though deliveries fell from 2019’s cycle high.

1/14/2021Matrix Multifamily Denver Report-Winter 2021Denver Slowly Reemerges

Denver’s employment market shrank 6.5% in the 12 months ending in September, but with three key sectors adding jobs, it outperformed the 9.3% national contraction rate. Multifamily development and transactions picked up in the third quarter, positioning the city for a strong 2021.

1/14/2021Matrix Multifamily Manhattan Report-Winter 2021Manhattan Braces for Prolonged Recovery

Mirroring gateway market trends, Manhattan is among the most impacted large U.S. metros. As of November, rents were down 1.6% to $3,758 on a trailing three-month basis.

1/14/2021Matrix Multifamily Nashville Report-Winter 2021Looking up in Nashville

Employment growth marked a 7.7% drop in the 12 months ending in September, outperforming the national rate by 140 basis points. Following a slow second quarter, multifamily transactions and development both picked up in Q3. However, rents shrank back into negative territory.

1/14/2021Matrix Multifamily Phoenix Report-Winter 2021Phoenix Continues to Soar

Phoenix’s remarkable rent performance extended, rising 0.8% on a trailing three-month basis through November to $1,259. Employment growth marked a 4.2% decline in the 12 months ending in September, landing it among the country’s top performers.

1/14/2021Matrix Multifamily Queens Report-Winter 2021Queens rental market dips

Queens has a lengthy rebound phase ahead. As of November, rents were down 1.1% to $2,439 on a trailing three-month basis, but still well above the $1,465 U.S. average.

1/14/2021Matrix Multifamily Twin Cities Report-Winter 2021Twin Cities treads water

Rent growth in Minneapolis-St. Paul entered negative territory at the end of the third quarter. On a trailing three-month basis through November, rent growth was down 0.3%, while the national rate stayed flat. Although the rental market is feeling the strain of the pandemic, deliveries forged ahead.

12/15/2020Matrix Multifamily Baltimore Report-Fall 2020Gradual gains keep Baltimore on track

Baltimore rents were up 0.6% on a trailing three-month basis, to $1,406. However, the current health crisis hit the metro’s employment pool hard, causing it to contract by 8.6%, or 115,100 positions, in the 12 months ending in September.

12/15/2020Matrix Multifamily Cleveland Report-Fall 2020Cleveland outperforms national average

Despite the magnitude of the job losses and the contraction in economic activity, the Cleveland multifamily market has been solid. Rent growth has not slipped to negative territory since February 2018. Rents increased by 0.3% on a trailing three-month basis through October, while the national growth rate was flat.

12/15/2020Matrix Multifamily Detroit Report-Fall 2020Reengineering Detroit

Detroit’s average rent rose 0.7% on a trailing three-month basis through October to $1,050, outperforming the national improvement rate but trailing the U.S. average. The employment market was among the 10 hardest hit in the country, marking a 14.9% contraction year-over-year as of September.

12/15/2020Matrix Multifamily Inland Empire Report-Fall 2020Rents edge up in Inland Empire

Rent growth in the Inland Empire led the nation, up 1.2% on a trailing three-month basis through October to $1,669, while the U.S. average stayed flat. Increased demand favored residential development, with 2,393 units delivered and another 2,302 underway as of October.

12/15/2020Matrix Multifamily Kansas City Report-Fall 2020Demand buoys Kansas City rents

Despite the economic deceleration, average Kansas City rents improved 0.4% on a trailing three-month basis, following consistent rent growth over the past 24 months. Rents stood at $1,011 as of October, affordable compared to the $1,464 U.S. figure.

12/15/2020Matrix Multifamily Las Vegas Report-Fall 2020Las Vegas checks its luck

Employment in Las Vegas marked a 15.8% decrease year-over-year as of September, well behind the -9.3% U.S. rate. However, the metro’s average rent ranked third highest in the country, rising 1.1% on a trailing three-month basis through October to $1,163.

12/15/2020Matrix Multifamily Philadelphia Report-Fall 2020Philadelphia stays steady

The metro’s multifamily sector continues to make headway despite economic challenges and new restrictions. As of October, rents were up 0.4% on a trailing three-month basis to $1,424, slightly below the $1,464 U.S. average.

12/15/2020Matrix Multifamily Salt Lake City Report-Fall 2020Rents rebound in Salt Lake City

Salt Lake City’s multifamily market has been among the most resilient in the country. Rent gains started to rebound in June, with rates rising 0.5% to $1,229 on a trailing three-month basis through October. Meanwhile, the national growth rate stayed flat.

12/15/2020Matrix Multifamily San Antonio Report-Fall 2020San Antonio sees job growth, too

Rents in San Antonio entered the fourth quarter with an increase of 0.1% on a trailing three-month basis through October to an overall average of $1,049. Meanwhile, job growth was among the top 10 best in the country and deliveries of new apartments surpassed last year’s total.

12/15/2020Matrix Multifamily St Louis Report-Fall 2020Stickiness for St. Louis

Rents expanded by 0.3% on a trailing three-month basis, outperforming the U.S. rate. Transactions through October increased to $484 million, a 35% gain compared to the previous year. But development slowed, with only 957 units delivered.

11/3/2020Matrix Multifamily Albuquerque Report-Fall 2020Steady Demand Affords Rents Some Stability
11/3/2020Matrix Multifamily Columbus Report-Fall 2020Rent Growth Endures Amid Steady Demand
11/3/2020Matrix Multifamily Indianapolis Report-Fall 2020Underlying Fundamentals Pave the Way
11/3/2020Matrix Multifamily Jacksonville Report-Fall 2020Rent Gains Boost Jacksonville’s Recovery
11/3/2020Matrix Multifamily Knoxville Report-Fall 2020Steady Demand Boosts Rent Growth
11/3/2020Matrix Multifamily Orange County Report-Fall 2020Spotty Performance Across Metrics
11/3/2020Matrix Multifamily Pittsburgh Report-Fall 2020Rental Market Down, Not Out
11/3/2020Matrix Multifamily Richmond Report-Fall 2020Rent Growth Endures Despite Economic Woes
11/3/2020Matrix Multifamily Sacramento Report-Fall 2020Strengthening Demand Boosts Rent Expansion
11/3/2020Matrix Multifamily San Jose Report-Fall 2020Resetting the Rental Market
9/29/2020Matrix Multifamily Austin Report-Summer 2020Economy Rebounds, Overbuilding Risk Looms
9/29/2020Matrix Multifamily Dallas Report-Summer 2020Recovery Trajectory Remains Uncertain
9/29/2020Matrix Multifamily Houston Report-Summer 2020Diversifying Efforts Prop Up Struggling Economy
9/29/2020Matrix Multifamily Orlando Report-Summer 2020Rent Growth Rebounds, Unemployment Still High
9/29/2020Matrix Multifamily Raleigh Report-Summer 2020Rental Market Improves Slightly
9/29/2020Matrix Multifamily San Diego Report-Summer 2020Rents Hit Tailwinds Amid Economic Volatility
9/29/2020Matrix Multifamily San Francisco Report-Summer 2020A Reset in the Bay Area’s Multifamily Market
9/29/2020Matrix Multifamily Seattle Report-Summer 2020Volatility Projected Across the Metro
9/29/2020Matrix Multifamily Tampa Report-Summer 2020Shifting State of Play Offsets Recovery Goals
9/29/2020Matrix Multifamily Washington DC Report-Summer 2020Demand Softens, Development Hums Along
9/2/2020Matrix Multifamily Portland Report-Summer 2020Matrix Multifamily Portland Report-Summer 2020
9/2/2020Matrix Multifamily Queens Report-Summer 2020Matrix Multifamily Queens Report-Summer 2020
9/2/2020Matrix Multifamily Twin Cities Report-Summer 2020Matrix Multifamily Twin Cities Report-Summer 2020
9/2/2020Matrix Multifamily Boston Report-Summer 2020Matrix Multifamily Boston Report-Summer 2020
9/2/2020Matrix Multifamily Chicago Report-Summer 2020Matrix Multifamily Chicago Report-Summer 2020
9/2/2020Matrix Multifamily Denver Report-Summer 2020Matrix Multifamily Denver Report-Summer 2020
9/2/2020Matrix Multifamily Los Angeles Report-Summer 2020Matrix Multifamily Los Angeles Report-Summer 2020
9/2/2020Matrix Multifamily Miami Report-Summer 2020Matrix Multifamily Miami Report-Summer 2020
9/2/2020Matrix Multifamily Nashville Report-Summer 2020Matrix Multifamily Nashville Report-Summer 2020
9/2/2020Matrix Multifamily Phoenix Report-Summer 2020Matrix Multifamily Phoenix Report-Summer 2020
8/12/2020Matrix Multifamily Atlanta Report-Summer 2020Matrix Multifamily Atlanta Report-Summer 2020
8/12/2020Matrix Multifamily Baltimore Report-Summer 2020Matrix Multifamily Baltimore Report-Summer 2020
8/12/2020Matrix Multifamily Brooklyn Report-Summer 2020Matrix Multifamily Brooklyn Report-Summer 2020
8/12/2020Matrix Multifamily Charlotte Report-Summer 2020Matrix Multifamily Charlotte Report-Summer 2020
8/12/2020Matrix Multifamily Detroit Report-Summer 2020Matrix Multifamily Detroit Report-Summer 2020
8/12/2020Matrix Multifamily Inland Empire Report-Summer 2020Matrix Multifamily Inland Empire Report-Summer 2020
8/12/2020Matrix Multifamily Kansas City Report-Summer 2020Matrix Multifamily Kansas City Report-Summer 2020
8/12/2020Matrix Multifamily Manhattan Report-Summer 2020Matrix Multifamily Manhattan Report-Summer 2020
8/12/2020Matrix Multifamily San Antonio Report-Summer 2020Matrix Multifamily San Antonio Report-Summer 2020
8/12/2020Matrix Multifamily St Louis Report-Summer 2020Matrix Multifamily St Louis Report-Summer 2020
7/2/2020Matrix Multifamily Cleveland Report-Summer 2020Matrix Multifamily Cleveland Report-Summer 2020
7/2/2020Matrix Multifamily Columbus Report-Summer 2020Matrix Multifamily Columbus Report-Summer 2020
7/2/2020Matrix Multifamily Indianapolis Report-Summer 2020Matrix Multifamily Indianapolis Report-Summer 2020
7/2/2020Matrix Multifamily Las Vegas Report-Summer 2020Matrix Multifamily Las Vegas Report-Summer 2020
7/2/2020Matrix Multifamily Orange County Report-Summer 2020Matrix Multifamily Orange County Report-Summer 2020
7/2/2020Matrix Multifamily Philadelphia Report-Summer 2020Matrix Multifamily Philadelphia Report-Summer 2020
7/2/2020Matrix Multifamily Richmond Report-Summer 2020Matrix Multifamily Richmond Report-Summer 2020
7/2/2020Matrix Multifamily Sacramento Report-Summer 2020Matrix Multifamily Sacramento Report-Summer 2020
7/2/2020Matrix Multifamily Salt Lake City Report-Summer 2020Matrix Multifamily Salt Lake City Report-Summer 2020
7/2/2020Matrix Multifamily Jacksonville Report-Summer 2020Matrix Multifamily Jacksonville Report-Summer 2020
6/12/2020Matrix Multifamily Austin Report-Spring 2020Matrix Multifamily Austin Report-Spring 2020
6/12/2020Matrix Multifamily Dallas Report-Spring 2020Matrix Multifamily Dallas Report-Spring 2020
6/12/2020Matrix Multifamily Orlando Report-Spring 2020Matrix Multifamily Orlando Report-Spring 2020
6/12/2020Matrix Multifamily Pittsburgh Report-Spring 2020Matrix Multifamily Pittsburgh Report-Spring 2020
6/12/2020Matrix Multifamily Raleigh Report-Spring 2020Matrix Multifamily Raleigh Report-Spring 2020
6/12/2020Matrix Multifamily San Diego Report-Spring 2020Matrix Multifamily San Diego Report-Spring 2020
6/12/2020Matrix Multifamily San Francisco Report-Spring 2020Matrix Multifamily San Francisco Report-Spring 2020
6/12/2020Matrix Multifamily San Jose Report-Spring 2020Matrix Multifamily San Jose Report-Spring 2020
6/12/2020Matrix Multifamily Tampa Report-Spring 2020Matrix Multifamily Tampa Report-Spring 2020
6/12/2020Matrix Multifamily Washington DC Report-Spring 2020Matrix Multifamily Washington DC Report-Spring 2020
5/7/2020Matrix Multifamily Boston Report-Spring 2020Matrix Multifamily Boston Report-Spring 2020
5/7/2020Matrix Multifamily Chicago Report-Spring 2020Matrix Multifamily Chicago Report-Spring 2020
5/7/2020Matrix Multifamily Denver Report-Spring 2020Matrix Multifamily Denver Report-Spring 2020
5/7/2020Matrix Multifamily Houston Report-Spring 2020Matrix Multifamily Houston Report-Spring 2020
5/7/2020Matrix Multifamily Los Angeles Report-Spring 2020Matrix Multifamily Los Angeles Report-Spring 2020
5/7/2020Matrix Multifamily Miami Report-Spring 2020Matrix Multifamily Miami Report-Spring 2020
5/7/2020Matrix Multifamily Nashville Report-Spring 2020Matrix Multifamily Nashville Report-Spring 2020
5/7/2020Matrix Multifamily Phoenix Report-Spring 2020Matrix Multifamily Phoenix Report-Spring 2020
5/7/2020Matrix Multifamily Portland Report-Spring 2020Matrix Multifamily Portland Report-Spring 2020
5/7/2020Matrix Multifamily Twin Cities Report-Spring 2020Matrix Multifamily Twin Cities Report-Spring 2020
3/18/2020Matrix Multifamily Portland Report-Winter 2020Matrix Multifamily Portland Report-Winter 2020
3/18/2020Matrix Multifamily Twin Cities Report-Winter 2020Matrix Multifamily Twin Cities Report-Winter 2020
3/17/2020Matrix Multifamily Los Angeles Report-Winter 2020Matrix Multifamily Los Angeles Report-Winter 2020
3/17/2020Matrix Multifamily Miami Report-Winter 2020Matrix Multifamily Miami Report-Winter 2020
3/17/2020Matrix Multifamily Nashville Report-Winter 2020Matrix Multifamily Nashville Report-Winter 2020
3/17/2020Matrix Multifamily Phoenix Report-Winter 2020Matrix Multifamily Phoenix Report-Winter 2020
3/17/2020Matrix Multifamily Queens Report-Winter 2020Matrix Multifamily Queens Report-Winter 2020
3/16/2020Matrix Multifamily Chicago Report-Winter 2020Matrix Multifamily Chicago Report-Winter 2020
3/16/2020Matrix Multifamily Denver Report-Winter 2020Matrix Multifamily Denver Report-Winter 2020
3/16/2020Matrix Multifamily Boston Report-Winter 2020Matrix Multifamily Boston Report-Winter 2020
2/20/2020Matrix Multifamily Atlanta Report-Winter 2020Matrix Multifamily Atlanta Report-Winter 2020
2/20/2020Matrix Multifamily Baltimore Report-Winter 2020Matrix Multifamily Baltimore Report-Winter 2020
2/20/2020Matrix Multifamily Brooklyn Report-Winter 2020Matrix Multifamily Brooklyn Report-Winter 2020
2/20/2020Matrix Multifamily Charlotte Report-Winter 2020Matrix Multifamily Charlotte Report-Winter 2020
2/20/2020Matrix Multifamily Detroit Report-Winter 2020Matrix Multifamily Detroit Report-Winter 2020
2/20/2020Matrix Multifamily Inland Empire Report-Winter 2020Matrix Multifamily Inland Empire Report-Winter 2020
2/20/2020Matrix Multifamily Kansas City Report-Winter 2020Matrix Multifamily Kansas City Report-Winter 2020
2/20/2020Matrix Multifamily Las Vegas Report-Winter 2020Matrix Multifamily Las Vegas Report-Winter 2020
2/20/2020Matrix Multifamily Manhattan Report-Winter 2020Matrix Multifamily Manhattan Report-Winter 2020
2/20/2020Matrix Multifamily Philadelphia Report-Winter 2020Matrix Multifamily Philadelphia Report-Winter 2020
1/29/2020Matrix Multifamily San Antonio Report-Winter 2020Matrix Multifamily San Antonio Report-Winter 2020
1/29/2020Matrix Multifamily St Louis Report-Winter 2020Matrix Multifamily St Louis Report-Winter 2020
1/29/2020Matrix Multifamily Orlando Report-Winter 2020Matrix Multifamily Orlando Report-Winter 2020
1/29/2020Matrix Multifamily Sacramento Report-Winter 2020Matrix Multifamily Sacramento Report-Winter 2020
1/29/2020Matrix Multifamily Salt Lake City Report-Winter 2020Matrix Multifamily Salt Lake City Report-Winter 2020
1/29/2020Matrix Multifamily Houston Report-Winter 2020Matrix Multifamily Houston Report-Winter 2020
1/29/2020Matrix Multifamily Orange County Report-Winter 2020Matrix Multifamily Orange County Report-Winter 2020
1/29/2020Matrix Multifamilly San Jose Report-Winter 2020Matrix Multifamilly San Jose Report-Winter 2020
1/29/2020Matrix Multifamily Cleveland Report-Winter 2020Matrix Multifamily Cleveland Report-Winter 2020
1/29/2020Matrix Multifamily Dallas Report-Winter 2020Matrix Multifamily Dallas Report-Winter 2020
12/16/2019Austin Fall 2019 Metro OutlookAustin Fall 2019 Metro Outlook
12/16/2019Boston Fall 2019 Metro OutlookBoston Fall 2019 Metro Outlook
12/16/2019Indianapolis Fall 2019 Metro OutlookIndianapolis Fall 2019 Metro Outlook
12/16/2019Los Angeles Fall 2019 Metro OutlookLos Angeles Fall 2019 Metro Outlook
12/16/2019Raleigh Fall 2019 Metro OutlookRaleigh Fall 2019 Metro Outlook
12/16/2019San Diego Fall 2019 Metro OutlookSan Diego Fall 2019 Metro Outlook
12/16/2019San Francisco Fall 2019 Metro OutlookSan Francisco Fall 2019 Metro Outlook
12/16/2019Seattle Fall 2019 Metro OutlookSeattle Fall 2019 Metro Outlook
12/16/2019Tampa Fall 2019 Metro OutlookTampa Fall 2019 Metro Outlook
12/16/2019Washington DC Fall 2019 Metro OutlookWashington DC Fall 2019 Metro Outlook
11/19/2019Richmond - Fall 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Richmond, Fall, 2019
11/19/2019Columbus - Fall 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Columbus, Fall, 2019
11/15/2019Twin Cities - Fall 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Twin Cities, Fall, 2019
11/15/2019Portland - Fall 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Portland, Fall, 2019
11/15/2019Pittsburgh - Fall 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Pittsburgh, Fall, 2019
11/15/2019Phoenix - Fall 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Phoenix, Fall, 2019
11/15/2019Nashville - Fall 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Nashville, Fall, 2019
11/15/2019Miami - Fall 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Miami, Fall, 2019
11/15/2019Denver - Fall 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Denver, Fall, 2019
11/15/2019Chicago - Fall 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Chicago, Fall, 2019
10/10/2019San Jose - Fall 2019 OutlookThe Matrix Seasonal Multifamily Outlook - San Jose, Fall, 2019
10/10/2019Queens - Fall 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Queens, Fall, 2019
10/10/2019Philadelphia - Fall 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Philadelphia, Fall, 2019
10/10/2019Manhattan - Fall 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Manhattan, Fall, 2019
10/10/2019Las Vegas - Fall 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Las Vegas, Fall, 2019
10/10/2019Inland Empire - Fall 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Inland Empire, Fall, 2019
10/10/2019Charlotte - Fall 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Charlotte, Fall, 2019
10/10/2019Brooklyn - Fall 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Brooklyn, Fall, 2019
10/10/2019Austin - Fall 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Austin, Fall, 2019
10/10/2019Atlanta - Fall 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Atlanta, Fall, 2019
9/11/2019Tampa - Summer 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Tampa, Summer, 2019
9/11/2019Sacramento - Summer 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Sacramento, Summer, 2019
9/11/2019Orlando - Summer 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Orlando, Summer, 2019
9/11/2019Knoxville - Summer 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Knoxville, Summer, 2019
9/11/2019Jacksonville - Summer 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Jacksonville, Summer, 2019
9/11/2019Houston - Summer 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Houston, Summer, 2019
9/11/2019Detroit - Summer 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Detroit, Summer, 2019
9/11/2019Dallas - Summer 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Dallas, Summer, 2019
9/11/2019Baltimore - Summer 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Baltimore, Summer, 2019
9/11/2019Albuquerque - Summer 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Albuquerque, Summer, 2019
8/14/2019Washington - Summer 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Washington, Summer, 2019
8/14/2019Seattle - Summer 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Seattle, Summer, 2019
8/14/2019San Francisco - Summer 2019 OutlookThe Matrix Seasonal Multifamily Outlook - San Francisco, Summer, 2019
8/14/2019San Diego - Summer 2019 OutlookThe Matrix Seasonal Multifamily Outlook - San Diego, Summer, 2019
8/14/2019Raleigh-Durham - Summer 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Raleigh-Durham, Summer, 2019
8/14/2019Nashville - Summer 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Nashville, Summer, 2019
8/14/2019Miami - Summer 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Miami, Summer, 2019
8/14/2019Los Angeles - Summer 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Los Angeles, Summer, 2019
8/14/2019Boston - Summer 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Boston, Summer, 2019
8/14/2019Austin2 - Summer 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Austin2, Summer, 2019
7/12/2019Twin Cities - Summer 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Twin Cities, Summer, 2019
7/12/2019St Louis - Summer 2019 OutlookThe Matrix Seasonal Multifamily Outlook - St Louis, Summer, 2019
7/12/2019San Antonio - Summer 2019 OutlookThe Matrix Seasonal Multifamily Outlook - San Antonio, Summer, 2019
7/12/2019Salt Lake City - Summer 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Salt Lake City, Summer, 2019
7/12/2019Portland - Summer 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Portland, Summer, 2019
7/12/2019Phoenix - Summer 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Phoenix, Summer, 2019
7/12/2019Kansas City - Summer 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Kansas City, Summer, 2019
7/12/2019Denver - Summer 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Denver, Summer, 2019
7/12/2019Cleveland - Summer 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Cleveland, Summer, 2019
7/12/2019Chicago - Summer 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Chicago, Summer, 2019
6/24/2019Queens - Summer 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Queens, Summer, 2019
6/24/2019Philadelphia - Summer 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Philadelphia, Summer, 2019
6/24/2019OrangeCounty - Summer 2019 OutlookThe Matrix Seasonal Multifamily Outlook - OrangeCounty, Summer, 2019
6/24/2019Manhattan - Summer 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Manhattan, Summer, 2019
6/24/2019LasVegas - Summer 2019 OutlookThe Matrix Seasonal Multifamily Outlook - LasVegas, Summer, 2019
6/24/2019InlandEmpire - Summer 2019 OutlookThe Matrix Seasonal Multifamily Outlook - InlandEmpire, Summer, 2019
6/24/2019Brooklyn - Summer 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Brooklyn, Summer, 2019
6/24/2019Austin - Summer 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Austin, Summer, 2019
6/10/2019Charlotte - Summer 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Charlotte, Summer, 2019
6/10/2019Atlanta - Summer 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Atlanta, Summer, 2019
5/17/2019Tampa - Spring 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Tampa, Spring, 2019
5/17/2019San Jose - Spring 2019 OutlookThe Matrix Seasonal Multifamily Outlook - San Jose, Spring, 2019
5/17/2019Sacramento - Spring 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Sacramento, Spring, 2019
5/17/2019Richmond - Spring 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Richmond, Spring, 2019
5/17/2019Indianapolis - Spring 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Indianapolis, Spring, 2019
5/17/2019Pittsburgh - Spring 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Pittsburgh, Spring, 2019
5/17/2019Orlando - Spring 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Orlando, Spring, 2019
5/17/2019Houston - Spring 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Houston, Spring, 2019
5/17/2019Dallas - Spring 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Dallas, Spring, 2019
5/17/2019Columbus - Spring 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Columbus, Spring, 2019
5/6/2019San Francisco - Spring 2019 OutlookThe Matrix Seasonal Multifamily Outlook - San Francisco, Spring, 2019
5/6/2019Portland - Spring 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Portland, Spring, 2019
5/6/2019Miami - Spring 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Miami, Spring, 2019
5/6/2019Austin - Spring 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Austin, Spring, 2019
5/2/2019Washington DC - Spring 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Washington DC, Spring, 2019
5/2/2019Seattle - Spring 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Seattle, Spring, 2019
5/2/2019Raleigh-Durham - Spring 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Raleigh-Durham, Spring, 2019
5/2/2019Boston - Spring 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Boston, Spring, 2019
4/22/2019San Diego - Spring 2019 OutlookThe Matrix Seasonal Multifamily Outlook - San Diego, Spring, 2019
4/22/2019Los Angeles - Spring 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Los Angeles, Spring, 2019
3/12/2019Manhattan II - Winter 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Manhattan II, Winter, 2019
3/12/2019Chicago II - Winter 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Chicago II, Winter, 2019
3/12/2019Brooklyn II - Winter 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Brooklyn II, Winter, 2019
3/12/2019Atlanta II - Winter 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Atlanta II, Winter, 2019
3/12/2019Queens - Winter 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Queens, Winter, 2019
3/12/2019Phoenix - Winter 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Phoenix, Winter, 2019
3/12/2019Nashville - Winter 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Nashville, Winter, 2019
3/12/2019Detroit - Winter 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Detroit, Winter, 2019
3/12/2019Denver - Winter 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Denver, Winter, 2019
3/12/2019Charlotte - Winter 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Charlotte, Winter, 2019
2/19/2019Twin Cities - Winter 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Twin Cities, Winter, 2019
2/19/2019Las Vegas - Winter 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Las Vegas, Winter, 2019
2/19/2019Philadelphia - Winter 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Philadelphia, Winter, 2019
2/19/2019Kansas City - Winter 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Kansas City, Winter, 2019
2/19/2019Inland Empire - Winter 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Inland Empire, Winter, 2019
2/19/2019Knoxville - Winter 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Knoxville, Winter, 2019
2/19/2019Jacksonville - Winter 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Jacksonville, Winter, 2019
2/19/2019Baltimore - Winter 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Baltimore, Winter, 2019
2/19/2019Austin 2 - Winter 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Austin 2, Winter, 2019
2/19/2019Albuquerque - Winter 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Albuquerque, Winter, 2019
1/29/2019Brooklyn - Winter 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Brooklyn, Winter, 2019
1/29/2019Atlanta - Winter 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Atlanta, Winter, 2019
1/29/2019Chicago - Winter 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Chicago, Winter, 2019
1/29/2019Dallas - Winter 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Dallas, Winter, 2019
1/29/2019Los Angeles - Winter 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Los Angeles, Winter, 2019
1/29/2019Houston - Winter 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Houston, Winter, 2019
1/29/2019Manhattan - Winter 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Manhattan, Winter, 2019
1/29/2019San Jose - Winter 2019 OutlookThe Matrix Seasonal Multifamily Outlook - San Jose, Winter, 2019
1/29/2019Orange County - Winter 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Orange County, Winter, 2019
1/29/2019Seattle - Winter 2019 OutlookThe Matrix Seasonal Multifamily Outlook - Seattle, Winter, 2019
1/8/2019Austin - Winter 2019 OutlookThe Matrix Seasonal Outlook - Austin, Winter, 2019
1/8/2019Cleveland - Winter 2019 OutlookThe Matrix Seasonal Outlook - Cleveland, Winter, 2019
1/8/2019Columbus - Winter 2019 OutlookThe Matrix Seasonal Outlook - Columbus, Winter, 2019
1/8/2019Indianapolis - Winter 2019 OutlookThe Matrix Seasonal Outlook - Indianapolis, Winter, 2019
1/8/2019Miami - Winter 2019 OutlookThe Matrix Seasonal Outlook - Miami, Winter, 2019
1/8/2019Pittsburgh - Winter 2019 OutlookThe Matrix Seasonal Outlook - Pittsburgh, Winter, 2019
1/8/2019Sacramento - Winter 2019 OutlookThe Matrix Seasonal Outlook - Sacramento, Winter, 2019
1/8/2019Salt Lake City - Winter 2019 OutlookThe Matrix Seasonal Outlook - Salt Lake City, Winter, 2019
1/8/2019San Francisco - Winter 2019 OutlookThe Matrix Seasonal Outlook - San Francisco, Winter, 2019
1/8/2019St Louis - Winter 2019 OutlookThe Matrix Seasonal Outlook - St Louis, Winter, 2019
11/28/2018Raleigh-Durham - Fall 2018 OutlookThe Matrix Seasonal Outlook - Raleigh-Durham, Fall, 2018
11/28/2018San Deigo - Fall 2018 OutlookThe Matrix Seasonal Outlook - San Deigo, Fall, 2018
11/28/2018Tampa - Fall 2018 OutlookThe Matrix Seasonal Outlook - Tampa, Fall, 2018
11/28/2018Portland - Fall 2018 OutlookThe Matrix Seasonal Outlook - Portland, Fall, 2018
11/28/2018Richmond - Fall 2018 OutlookThe Matrix Seasonal Outlook - Richmond, Fall, 2018
11/28/2018San Antonio - Fall 2018 OutlookThe Matrix Seasonal Outlook - San Antonio, Fall, 2018
11/28/2018Detroit - Fall 2018 OutlookThe Matrix Seasonal Outlook - Detroit, Fall, 2018
11/28/2018Phoenix - Fall 2018 OutlookThe Matrix Seasonal Outlook - Phoenix, Fall, 2018
11/28/2018Charlotte - Fall 2018 OutlookThe Matrix Seasonal Outlook - Charlotte, Fall, 2018
11/28/2018Albuquerque - Fall 2018 OutlookThe Matrix Seasonal Outlook - Albuquerque, Fall, 2018
11/7/2018Washington DC - Fall 2018 OutlookThe Matrix Seasonal Outlook - Washington DC, Fall, 2018
11/7/2018Kansas City - Fall 2018 OutlookThe Matrix Seasonal Outlook - Kansas City, Fall, 2018
11/7/2018Denver - Fall 2018 OutlookThe Matrix Seasonal Outlook - Denver, Fall, 2018
11/7/2018Twin Cities - Fall 2018 OutlookThe Matrix Seasonal Outlook - Twin Cities, Fall, 2018
11/7/2018Philadelphia - Fall 2018 OutlookThe Matrix Seasonal Outlook - Philadelphia, Fall, 2018
11/7/2018Nashville - Fall 2018 OutlookThe Matrix Seasonal Outlook - Nashville, Fall, 2018
11/7/2018Knoxville - Fall 2018 OutlookThe Matrix Seasonal Outlook - Knoxville, Fall, 2018
11/7/2018Jacksonville - Fall 2018 OutlookThe Matrix Seasonal Outlook - Jacksonville, Fall, 2018
11/7/2018Inland Empire - Fall 2018 OutlookThe Matrix Seasonal Outlook - Inland Empire, Fall, 2018
11/7/2018Austin - Fall 2018 OutlookThe Matrix Seasonal Outlook - Austin, Fall, 2018
10/15/2018Baltimore - Summer 2018 OutlookThe Matrix Seasonal Outlook - Baltimore, Summer, 2018
10/9/2018Boston - Summer 2018 OutlookThe Matrix Seasonal Outlook - Boston, Summer, 2018
10/9/2018Brooklyn - Summer 2018 OutlookThe Matrix Seasonal Outlook - Brooklyn, Summer, 2018
10/9/2018Las Vegas - Summer 2018 OutlookThe Matrix Seasonal Outlook - Las Vegas, Summer, 2018
10/9/2018Los Angeles - Summer 2018 OutlookThe Matrix Seasonal Outlook - Los Angeles, Summer, 2018
10/9/2018Manhattan - Summer 2018 OutlookThe Matrix Seasonal Outlook - Manhattan, Summer, 2018
10/9/2018Orange County - Summer 2018 OutlookThe Matrix Seasonal Outlook - Orange County, Summer, 2018
10/9/2018Orlando - Summer 2018 OutlookThe Matrix Seasonal Outlook - Orlando, Summer, 2018
10/9/2018Queens - Summer 2018 OutlookThe Matrix Seasonal Outlook - Queens, Summer, 2018
10/9/2018Seattle - Summer 2018 OutlookThe Matrix Seasonal Outlook - Seattle, Summer, 2018
8/21/2018San Francisco - Summer 2018 OutlookThe Matrix Seasonal Outlook - San Francisco, Summer, 2018
8/21/2018Austin - Summer 2018 OutlookThe Matrix Seasonal Outlook - Austin, Summer, 2018
8/21/2018Atlanta - Summer 2018 OutlookThe Matrix Seasonal Outlook - Atlanta, Summer, 2018
8/21/2018San Jose - Summer 2018 OutlookThe Matrix Seasonal Outlook - San Jose, Summer, 2018
8/21/2018Salt Lake City - Summer 2018 OutlookThe Matrix Seasonal Outlook - Salt Lake City, Summer, 2018
8/21/2018Pittsburgh - Summer 2018 OutlookThe Matrix Seasonal Outlook - Pittsburgh, Summer, 2018
8/21/2018Houston - Summer 2018 OutlookThe Matrix Seasonal Outlook - Houston, Summer, 2018
8/21/2018Dallas - Summer 2018 OutlookThe Matrix Seasonal Outlook - Dallas, Summer, 2018
8/21/2018Columbus - Summer 2018 OutlookThe Matrix Seasonal Outlook - Columbus, Summer, 2018
8/21/2018Chicago - Summer 2018 OutlookThe Matrix Seasonal Outlook - Chicago, Summer, 2018
7/31/2018Tampa - Summer 2018 OutlookThe Matrix Seasonal Outlook - Tampa, Summer, 2018
7/31/2018St Louis - Summer 2018 OutlookThe Matrix Seasonal Outlook - St Louis, Summer, 2018
7/31/2018San Antonio - Summer 2018 OutlookThe Matrix Seasonal Outlook - San Antonio, Summer, 2018
7/31/2018Sacramento - Summer 2018 OutlookThe Matrix Seasonal Outlook - Sacramento, Summer, 2018
7/31/2018Richmond - Summer 2018 OutlookThe Matrix Seasonal Outlook - Richmond, Summer, 2018
7/31/2018Miami - Summer 2018 OutlookThe Matrix Seasonal Outlook - Miami, Summer, 2018
7/31/2018Indianapolis - Summer 2018 OutlookThe Matrix Seasonal Outlook - Indianapolis, Summer, 2018
7/31/2018Detroit - Summer 2018 OutlookThe Matrix Seasonal Outlook - Detroit, Summer, 2018
7/31/2018Cleveland - Summer 2018 OutlookThe Matrix Seasonal Outlook - Cleveland, Summer, 2018
7/31/2018Albuquerque - Summer 2018 OutlookThe Matrix Seasonal Outlook - Albuquerque, Summer, 2018
6/29/2018Jacksonville - Summer 2018 OutlookThe Matrix Seasonal Outlook - Jacksonville, Summer, 2018
6/29/2018Charlotte - Summer 2018 OutlookThe Matrix Seasonal Outlook - Charlotte, Summer, 2018
6/29/2018Inland Empire - Summer 2018 OutlookThe Matrix Seasonal Outlook - Inland Empire, Summer, 2018
6/29/2018Kansas City - Summer 2018 OutlookThe Matrix Seasonal Outlook - Kansas City, Summer, 2018
6/29/2018Knoxville - Summer 2018 OutlookThe Matrix Seasonal Outlook - Knoxville, Summer, 2018
6/29/2018Nashville - Summer 2018 OutlookThe Matrix Seasonal Outlook - Nashville, Summer, 2018
6/29/2018Phoenix - Summer 2018 OutlookThe Matrix Seasonal Outlook - Phoenix, Summer, 2018
6/29/2018Raleigh - Summer 2018 OutlookThe Matrix Seasonal Outlook - Raleigh, Summer, 2018
6/29/2018San Diego - Summer 2018 OutlookThe Matrix Seasonal Outlook - San Diego, Summer, 2018
6/29/2018Portland - Summer 2018 OutlookThe Matrix Seasonal Outlook - Portland, Summer, 2018
5/22/2018Washington DC - Spring 2018 OutlookThe Matrix Seasonal Outlook - Washington DC, Spring, 2018
5/22/2018Twin Cities - Spring 2018 OutlookThe Matrix Seasonal Outlook - Twin Cities, Spring, 2018
5/22/2018Queens - Spring 2018 OutlookThe Matrix Seasonal Outlook - Queens, Spring, 2018
5/22/2018Philadelphia - Spring 2018 OutlookThe Matrix Seasonal Outlook - Philadelphia, Spring, 2018
5/22/2018Orlando - Spring 2018 OutlookThe Matrix Seasonal Outlook - Orlando, Spring, 2018
5/22/2018Las Vegas - Spring 2018 OutlookThe Matrix Seasonal Outlook - Las Vegas, Spring, 2018
5/22/2018Denver - Spring 2018 OutlookThe Matrix Seasonal Outlook - Denver, Spring, 2018
5/22/2018Brooklyn - Spring 2018 OutlookThe Matrix Seasonal Outlook - Brooklyn, Spring, 2018
5/22/2018Boston - Spring 2018 OutlookThe Matrix Seasonal Outlook - Boston, Spring, 2018
5/22/2018Baltimore - Spring 2018 OutlookThe Matrix Seasonal Outlook - Baltimore, Spring, 2018
4/19/2018Seattle - Spring 2018 OutlookThe Matrix Seasonal Outlook - Seattle, Spring, 2018
4/19/2018San Jose - Spring 2018 OutlookThe Matrix Seasonal Outlook - San Jose, Spring, 2018
4/19/2018Orange County - Spring 2018 OutlookThe Matrix Seasonal Outlook - Orange County, Spring, 2018
4/19/2018Manhattan - Spring 2018 OutlookThe Matrix Seasonal Outlook - Manhattan, Spring, 2018
4/19/2018Los Angeles - Spring 2018 OutlookThe Matrix Seasonal Outlook - Los Angeles, Spring, 2018
4/19/2018Houston - Spring 2018 OutlookThe Matrix Seasonal Outlook - Houston, Spring, 2018
4/19/2018Dallas - Spring 2018 OutlookThe Matrix Seasonal Outlook - Dallas, Spring, 2018
4/19/2018Chicago - Spring 2018 OutlookThe Matrix Seasonal Outlook - Chicago, Spring, 2018
4/19/2018Austin - Spring 2018 OutlookThe Matrix Seasonal Outlook - Austin, Spring, 2018
4/19/2018Atlanta - Spring 2018 OutlookThe Matrix Seasonal Outlook - Atlanta, Spring, 2018
3/19/2018St Louis - Winter 2018 OutlookThe Matrix Seasonal Outlook - St Louis, Winter, 2018
3/19/2018San Francisco - Winter 2018 OutlookThe Matrix Seasonal Outlook - San Francisco, Winter, 2018
3/19/2018