January 21, 2026
Matrix Multifamily Twin Cities Report-January 2026
The Twin Cities persevere
Average advertised asking rates were up 0.2 percent on a T3 basis through November, to $1,609 and 50 bps above the national rate. Developers only delivered 4,911 units through November, accounting for 1.8 percent of existing stock and 100 bps below the national rate.
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