Tag Archives: rent growth

Another Decade Of Positive Rental Growth Could Be On The Horizon For Multifamily

The past 10 years have been good to multifamily developers and owners. Fueled by housing shortages and a rush of young professionals into urban cores, rents are expected to increase on average by 3.8% this year. In the post-recession market, … Continue reading

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Matrix Monthly – April 2018

Multifamily rents in the U.S. performed strongly in April, rising $4 to $1,377, according to a survey of 127 markets by Yardi® Matrix. Rents have increased by $10 in the last two months, a year-over-year gain of 2.4% and the … Continue reading

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Millennials Spend About $93,000 on Rent by The Time They Hit 30

We all know Millennials. They’re the resourceful, creative youngsters who grew up with the latest technology and who are big fans of music festivals and avocado toast. Known as a generation of renters, many Millennials find renting more affordable and … Continue reading

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Small Buildings Still Dominate Apartment Renter Shares

While a majority of apartment renters continue to live in small properties, renter growth in this property class is facing headwinds from large asset oversupply and rental incentives. Distribution of U.S. Renters Across Property Types In our recent blog, we … Continue reading

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Garden Apartments Lead Rent Growth

Rents in low-rise garden apartments continue to rise faster than pricing in taller residential structures. Garden apartments, defined as properties of one to three stories, register 3.1% rent growth for 2017, versus 1.4% rent increases in mid-rise developments of four … Continue reading

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Really?! Ten Surprising Findings from the America’s Rental Housing Report

Following the release of our America’s Rental Housing report last month, one of the most common questions has been: “Which findings are new or surprising to you?” This is never an easy question to answer, and different readers are likely to find … Continue reading

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Harvey’s Impact on Houston Apartment Market

A month or so after Hurricane Harvey, Houston’s apartment occupancy and rents are trending upward once more. However, pricing is not spiking, partly reflecting that the metro’s major owners and operators of apartment product recognize the importance of assisting displaced … Continue reading

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