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Multifamily Outlook
Information is developed through a combination of original research studies, and reference to secondary sources. Our manner of resourcing and compiling information is defined within this section.
Multifamily Outlook
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Matrix Multifamily National Report-Summer 2026
Uncertainty in the economy, the war in Iran, weak consumer sentiment, slow population growth and a large overhang of excess supply in some markets have kept multifamily rent growth weak over the past year. Yardi Matrix’s Summer 2026 outlook discusses these trends and the sector’s prospects in the second half of the year.
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Matrix Multifamily National Outlook-Winter 2026
The U.S. multifamily market faces competing pressures as it enters 2026. The sector benefits from favorable investor and lender sentiment, demand is balanced between strong retention and weak job growth, and slowing immigration and rent growth will be determined by how much supply growth slows relative to absorption. Yardi’s Winter 2026 Outlook provides a national perspective on these trends and more.
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Matrix Multifamily National Report-Summer 2025
Multifamily enters the back end of 2025 balancing competing forces. Questions going forward include whether robust supply will continue to be matched by strong renter demand, how quickly the delivery pipeline will slow in the face of waning starts, and whether interest rate uncertainty will continue to keep deal flow weak in the face of strong investor demand.
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Matrix Multifamily National Report-Winter 2025
U.S. multifamily looks to have another strong year in 2025, with ample demand from job growth, weak home sales and demographic shifts. The market faces questions, however, including the impact of potential economic policy changes, how long it will take to absorb deliveries in high-growth Sun Belt markets, and whether interest rates will fall enough to revive transactions and avoid distress.