August 6, 2024

Matrix Bulletin-Multifamily Forecast-July 2024

Forecast for Advertised Apartment Rents on the Rise

Although the unusually large influx of supply continues to hinder rent growth in many Sun Belt boomtowns, healthy demand from a stronger-than-expected economy will support growth in other markets. Overall, that anticipated improved performance leads to an increased forecast for advertised apartment rents.

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