Research Center - Matrix

  • Rent Growth Moderates; Demand Persists in Boston

    Due to above-trend population gains and increasing job growth, the metro ranks as one of the most stable multifamily markets in the U.S.

    11 September 2017 11:16
  • Employment Gains Spur Growth in Philadelphia

    An evolving wage structure, an influx of young professionals and the boom in hospitality and development are helping the metro's multifamily market keep its head above water.

    08 September 2017 10:14
  • New Supply Keeps Rent Growth Tepid in Baltimore

    Thanks to the revival of its core and the emergence of the Baltimore-Washington corridor as a strategic location, the metro’s multifamily fundamentals have stabilized.

    07 September 2017 11:07
  • Robust Development, Insatiable Demand in Seattle

    The metro has been one of the strongest rental markets during the current cycle. Over the last five years, average rents have risen nearly $500 to $1,770.

    06 September 2017 09:10
  • Rents Rise Despite Surging Deliveries in Denver

    Growth has cooled since the metro was among the nation’s leaders in appreciation, but rents are now increasing at a more sustainable pace.

    05 September 2017 09:13
  • All Eyes on Core in Cleveland

    The growing number of renters looking to live near work, transportation, retail and entertainment options, coupled with limited housing supply, is stimulating rent growth.

    01 September 2017 13:51
  • Tourism’s Power a Draw in Orlando

    The metro is one of the fastest-growing employment markets in the country. An expanding young workforce—drawn by the area’s high quality of life and live-work-play options—is fueling demand.

    31 August 2017 14:16
  • Oil Prices, Supply Still Influence Houston’s Market

    The outlook for Houston’s multifamily sector will stay cloudy as the market continues to show signs of instability, mostly due to negative rent growth and decreasing occupancy in the upscale Lifestyle segment.

    10 August 2017 11:25
  • 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.

    08 August 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.

    07 August 2017 08:45
  • 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.

    04 August 2017 09:05
  • Positive Momentum in Atlanta

    A rapidly rising population is adding to the city’s congestion issues, but also fostering demand for apartments and pushing rents higher. Rents were up 2.9 percent to $1,108 as of May, and Yardi Matrix forecasts a 3.5 percent increase in 2017.

    02 August 2017 06:45
  • 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.

    01 August 2017 07:45
  • 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.

    31 July 2017 07:00
  • Salt Lake City Demand Outpaces Insufficient Supply

    Driven by robust population growth and low unemployment, Utah’s largest city is rapidly expanding, generating healthy housing demand, according to Yardi Matrix.

    28 July 2017 07:00