Research Center - West

  • 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
  • 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
  • Economy Watch: Slowing Development in CA May Point to Nationwide Issue

    Despite positive economic data like low unemployment and income increases, all property types are expected to see a construction slowdown in the Golden State, according to the recently released Allen Matkins/UCLA Anderson forecast.

    03 August 2017 09:04
  • 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
  • Strong Development Softens Demand in Portland

    As the metro’s economy continues to thrive and the area adds residents at double the national rate, there is no shortage of large multifamily projects.

    26 July 2017 07:00
  • 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
  • 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
  • Albuquerque: On the Mend

    Despite being the hub of New Mexico’s technology corridor, the metro has only experienced modest population and employment growth throughout the recent economic expansion, Yardi Matrix data shows.

    26 June 2017 13:30