January 29, 2025

Matrix Multifamily Charlotte Report-January 2025

Charlotte’s Mixed Performance

Average advertised asking rents in Charlotte were down 0.4 percent on a T3 basis, to $1,577, 20 bps below the national rate. Rents were impacted by a supply boom, with 12,048 units delivered through November, 60 bps above the national rate of completions.

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