Research Center - West

  • Demand Breaks Records in Salt Lake City

    Solid employment gains are producing a high demand for apartments across the metro, which continues to attract investors and developers alike.

    29 November 2017 14:04
  • Rent Deceleration Continues in San Francisco

    The metro’s economy is strong and market indicators reflect continued growth, albeit at a slower pace than a couple of years ago. As supply continues to catch up with demand, Yardi Matrix expects rents to rise 0.8 percent in 2017.

    22 November 2017 13:36
  • Sacramento Market Maintains Robust Rent Growth

    While investment activity has slightly tempered in the city, property values have skyrocketed, boosting average per-unit prices to $160,000. New supply remains limited, as only 900 units will be added to the market in 2017.

    30 October 2017 13:30
  • Albuquerque: Duke City Strives to End Woes

    The metro has one of the highest unemployment rates in the nation and moderate population growth, yet its real estate fundamentals continue to lag those of neighboring areas.

    26 October 2017 14:35
  • Job Growth Firm, Rent Growth Totters in Portland

    The metro’s strong employment growth is pushing up multifamily demand, especially for market-rate apartments. Nearly 8,400 units were underway as of August, of which some 3,200 units are slated to come online by December.

    23 October 2017 08:13
  • SoCal Delivers for Investors in San Diego

    The metro benefits from a strong talent pool, renowned universities and its ever-growing biotechnology sector. Inventory is expected to expand significantly in the coming years, given the city’s robust multifamily pipeline and recent pro-development legislation.

    19 October 2017 13:59
  • Inland Empire Shows Strength

    Backed by a booming industrial market, the metro added 48,000 jobs in the 12 months ending in July. Apartment deliveries have been slow throughout the cycle, but that is likely to increase as demand continues to push rents higher.

    06 October 2017 13:56
  • Phoenix: Maintaining Momentum in the Desert

    The metro is outpacing the country in job creation and population growth, drawing multifamily developers and investors looking for opportunities in second-tier markets.

    02 October 2017 13:21
  • Investor Interest Fuels Bay Area

    Demand for office space is as strong as ever, prompting developers to roll out a steady stream of new product. The market’s total inventory encompasses 174 million square feet, with an additional 11 million square feet expected to come online by the end of 2017.

    28 September 2017 10:31
  • San Diego: Steady Southern California

    The metro is an established life science cluster and continues to attract both tech and science tenants. The office inventory encompasses more than 72 million square feet, with a relatively balanced distribution between Class A and Class B space.

    27 September 2017 12:02
  • Demand on the Rise in Phoenix

    At midyear, Phoenix’s office inventory totaled 108 million square feet. Transaction volume for the 12 months ending in July totaled $1.2 billion, corresponding to the more than 11 million square feet that changed ownership.

    21 September 2017 12:27
  • Rising Demand Boosts Las Vegas Rents

    The metro's apartment sector has heated up during the past few years, with rents rising 4.4% year-over-year and occupancy in stabilized properties reaching 95.6%.

    13 September 2017 07:50
  • 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
  • Demographic Shifts Pick Up Speed in Orange County

    Employment gains, a moderate supply of new development and a high barrier to homeownership have bolstered strong multifamily demand in Orange County, pushing up rents and keeping occupancy over 96 percent.

    28 August 2017 12:35