Yardi Says Multifamily Performance Continues to be Stellar
According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rents in April increased $ 15 to an all-time high of $ 1,659 (up 14.3% year-over-year). Yardi rhetorically asks, is there a slowdown in market rents? Not yet, they say. Indeed…
“Certainly, deceleration will happen, and there are warning signs on the horizon. The U.S. economy unexpectedly contracted by 1.4% in the first quarter of 2022, owing to issues that include surging inflation, ongoing supply-chain issues, shrinking business inventories, and the omicron outbreak in January…”
The post Yardi Says Multifamily Performance Continues to be Stellar appeared first on Real Estate Investing Today.