Monday, March 18, 2024

Tag: Rent growth

NYC leads in year-over-year rent growth

Rent growth inches higher in February

Yardi Matrix reported that national average apartment rent was up $1 in February compared to the revised level of the month before at $1,713...
multifamily housing rent increase

Rent growth turns positive in February

The latest rent report from Apartment List shows that the national median monthly rent growth in February was +0.2 percent, the first increase after...
NYC leads in rent growth

Yardi Matrix reports rents hold steady in January

Yardi Matrix reported that national average apartment rent was unchanged in January compared to the revised level of the month before at $1,710 per...

Rent declines stabilize while Midwest markets outperform

Apartment rent growth is expected to remain stagnant near zero this year, just as it has since August 2023, according to RealPage...
rent growth declines slightly

Rent growth in winter chill

The latest rent report from Apartment List shows that the national median monthly rent growth in January was -0.3 percent. Year-over-year rent growth was...
rent growth in single-family rental market

SFR rent growth rate edges higher in November

CoreLogic reported that their single-family rent index (SFRI) for November rose 2.7 percent from its year-earlier level. This is up from the 2.5 percent...
cap rates for CRE rise as vacancy rates fall but rent growth slows

Cap rates rise in latest reading from IRR

Intergra Realty Resources (IRR) recently released its annual Viewpoint report for 2024. The report discusses the state of the US economy and presents an...

Fannie Mae predicts instability and cloudy skies in 2024

Fannie Mae issued a multifamily market forecast this month predicting instability and cloudy skies in 2024. “Our prediction of turbulence in the multifamily...
rent growth is negative in December as occupancy remains low

Yardi Matrix reports rents continue to fall at year end

Yardi Matrix reported that national average apartment rents fell $4 in December, compared to the level of the month before. The average rent fell...
rent growth continues negative

Rent growth remains negative in December

The latest rent report from Apartment List shows that the national median monthly rent growth in December was -0.8 percent. Year-over-year rent growth was...

Apartment rents remain flat, perhaps for a while

Apartment rent growth has been rapidly cooling off since peaking in March 2022. But that trend could be leveling off—at least for now. Effective asking...
New York City leads in year-over-year rent growth

Yardi Matrix reports falling rents in November

Yardi Matrix reported that national average apartment rent fell $6 in November, compared to the revised rent level of the month before. The average...
Providence leads US in year-over-year rent growth

Rents continue winter decline

The latest rent report from Apartment List shows that the national median monthly rent growth in November was -0.9 percent. Year-over-year rent growth was...
St. Louis leads in single-family rent growth

SFR rent growth returns to pre-pandemic levels

CoreLogic reported that their single-family rent index (SFRI) for September rose 2.6 percent from its year-earlier level. This is down from the 2.9 percent...
show apartment with rental concessions

Rent remains high, but more properties offer incentives

Rental concessions—offers meant to entice tenants, such as free months of rent or free parking—are at their highest level in more than two years...

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