Yardi reports no change in multifamily rents for February
Latest Yardi Matrix Multifamily Report According to the latest Yardi Matrix Multifamily Report, multifamily rents were flat in February, 2025 with the average U.S. advertised rent increasing $1 to $1,751. Year-over-year rent growth was unchanged at 1.2%. “Multifamily performance tends to be subdued in the winter months in advance of the spring moving season, and […]
Yardi reports decline in multifamily rental prices
Latest Yardi Matrix Multifamily Report According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rent was $1,748 in October, 2024. Year-over-year growth was 0.9%. Yardi says demand remains strong enough to balance the increase in deliveries in most markets. “Through September 2024, 329,000 apartment units have been absorbed, putting the market in […]
Yardi Matrix reports that the growth of multifamily rents is currently sluggish.
Latest Yardi Matrix Multifamily Report According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rent was $1,753 (up $4) in July, 2024. Year-over-year growth was unchanged at 0.8%. Yardi says multifamily growth is weak, but there is some strength. Indeed… “Multifamily rent growth is weak nationally compared to long-term levels, but the […]
Yardi Reports that Consistent Absorption is Driving Up Multifamily Rental Rates
The latest Yardi Matrix Multifamily Report reveals that the average U.S. multifamily rent in April 2024 was $1,725. Yardi notes that multifamily rents have increased for the second consecutive month, attributing this trend to robust demand in the market. According to Yardi, although rent growth is moderate, there are several positive indicators in the data. […]
Yardi Asserts Multifamily Sector’s Strength Amidst Obstacles
According to the latest Yardi Matrix Multifamily Report, the average rent for multifamily properties in the United States was $1,722 in September 2023. Despite challenges such as rising energy costs and higher interest rates, the market remains strong overall due to strong job growth and household formation. However, there are concerns about the potential impact […]