January 21, 2026
Matrix Multifamily Charlotte Report-January 2026
Construction boom reshapes Charlotte
Charlotte’s advertised asking rents were down 30 bps on a T3 basis through November, mirroring the national trend. At 94.2 percent as of October, the metro's occupancy fell below the national average. In the near future, Charlotte will have to navigate growing pains due to 27,000 units under construction and another 92,500 units in the planning or permitting stage.
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