Research Center - Matrix

  • North Texas, Corporate Juggernaut

    Dallas-Fort Worth has 48,000 multifamily units under construction, but the metro is expected to absorb its substantial pipeline due to rapid demographic expansion.

    25 July 2017 07:00
  • Steady Growth Cultivates Building Boom in Columbus

    Rents are escalating due to steady employment gains and net in-migration, driven by activity associated with Ohio State. Average rent reached $876, well below the national figure of $1,316.

    24 July 2017 07:12
  • Eds and Meds Spur Growth in Pittsburgh

    Despite a slowly shrinking population, the city’s multifamily market remains steady, bolstered by increased hiring in recession-resistant sectors. Through May, rents rose 0.3 percent, trailing the nation’s 1.5 percent rate, Yardi Matrix data shows.

    21 July 2017 07:45
  • Tech Scene Stays Hot, Rent Growth Cools in San Jose

    Rent growth has been decelerating since it reached double-digit levels in 2015. As of May, the metro’s $2,675 average rent was more than double the national average of $1,316, according to Yardi Matrix.

    20 July 2017 09:05
  • Positive Momentum in Atlanta

    Tenant demand and strong property fundamentals drive investor interest, with $1.7 billion in multifamily assets already trading in the first quarter. Rents increased 2.9 percent to $1,108 as of May, and Yardi Matrix forecasts a 3.5 percent increase in 2017.

    18 July 2017 10:54
  • Rents Moderate in the Bay Area

    Just one year after double-digit increases had bumped the average to $2,480—among the highest in the country—the rate decreased by 0.5 percent year-over-year through May.

    17 July 2017 08:47
  • Growing Inventory Caps Rent Growth in Austin

    The metro’s economy is strong and population is booming, but a heavy new supply of apartments is limiting rent growth.

    10 July 2017 08:34
  • Indianapolis: Full Speed Ahead

    Demand for apartments continues to be strong, thanks to the locale’s relative affordability. The city’s high-quality education system and skilled workforce attract residents and employers, propelling economic growth.

    07 July 2017 07:54
  • Broad-Based Employment Drives Demand in Tampa

    Robust investor interest and broad employment gains are driving demand across asset classes, with population growth leading to higher multifamily occupancy rates and rents, Yardi Matrix data shows.

    06 July 2017 04:11
  • Miami’s Healthy Climate

    With substantial job gains and above-average population growth, the metro continues to foster positive fundamentals for multifamily.

    04 July 2017 13:17
  • LA: Affordable Housing Wanted

    Continued improvement in the area’s job market and a steady household creation maintain rent growth in contrast to the nationwide cooling trend, Yardi Matrix data shows.

    03 July 2017 09:29
  • San Antonio Lures Investors

    Demand for apartments is expected to remain high as more residents move south to avoid the rising cost of housing in Austin.

    29 June 2017 19:59
  • Sacramento Sets the Pace

    Although multifamily rent gains across the country have been decelerating in recent months, Sacramento continues to outperform. The average rent across the metro was up 9 percent year-over-year as of April.

    29 June 2017 08:01
  • Detroit: Far From Singing the Blues

    After years of little multifamily supply, development is beginning to pick up, with more than 4,000 units under construction. Rents increased 4.2 percent year-over-year as of April, Yardi Matrix data shows.

    28 June 2017 08:21
  • St. Louis Gears Up

    Despite a slowly declining population, the city continues to see positive economic trends. Developers ramped up apartment deliveries in 2016, when 1,370 units came online, according to Yardi Matrix.

    27 June 2017 08:25