Friday, April 12, 2024

Tag: Rent growth

rent growth blooms in spring NYC

Rent growth blooms in spring

Yardi Matrix reported that national average apartment rent was up $8 in March compared to the level of the month before at $1,721 per...
senior housing

Senior housing occupancy recovery continues in Q1

An NIC MAP Vision summary report shows that senior housing occupancy rose in Q1 while its year-over-year rent growth rate fell. Segmenting the market The senior...
positive rent growth in March

Rent growth again positive in March

The latest rent report from Apartment List shows that the national median monthly rent growth in March was +0.6 percent, the second consecutive gain...
cost of homeownership versus renting

Renting cheaper than buying in top metros

A new report from Realtor.com finds that renting a starter home is less expensive than buying one in all 50 of the largest metros...
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...

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