June 5, 2025
Matrix Multifamily Charlotte Report-May 2025
Charlotte’s Measured Growth
Advertised asking rents in Charlotte were up 0.3 percent on a T3 basis through March, to $1,600, outperforming the national figure by 20 bps. Deliveries in the first quarter totaled 2,469 units, accounting for 0.8 percent of existing stock, while construction starts dwindled significantly compared to the same period last year.
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