Matrix Multifamily Washington DC Report-July 2022

D.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.

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