Tag: 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 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...
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 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...
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 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...
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...
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...
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...
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...
Yardi Matrix reports rent growth again negative in October
Yardi Matrix reported that national average apartment rents fell $3 in October, compared to the revised rent level of the month before. The average...
Rents fall for third straight month
The latest rent report from Apartment List shows that the national median monthly rent growth in October was -0.7 percent. Year-over-year rent growth was...