Tag: Rent growth
Rental vacancy rate rises despite renter households up 52k
The Census Bureau released its quarterly report on home ownership and occupancy for Q3. It stated that the rental housing vacancy rate was 6.6...
SFRI rent growth rate continues decline in August
CoreLogic reported that their single-family rent index (SFRI) for August rose 2.9 percent from its year-earlier level. This is down from the 3.1 percent...
Yardi Matrix reports rent growth turns negative in September
Yardi Matrix reported that national average apartment rents fell $6 in September, compared to the revised rent level of the month before. The average...
Soaring supply flattens rents while demand normalizes
The balance of power in the apartment market has finally shifted, giving renters a lot more options, suggests a Q3 market report...
CBRE reports cap rates trending higher in Q3
A new report from CBRE states that cap rates for prime class A multifamily assets moved higher in Q3 as both the 10-year Treasury...
Rent growth continues autumn fall
The latest rent report from Apartment List shows that the national median monthly rent growth in September was -0.5 percent. Year-over-year rent growth was...
SFR rent growth rate continues decline in July
CoreLogic reported that their single-family rent index (SFRI) for July rose 3.1 percent from its year-earlier level. This is down from the 3.3 percent...
RealPage reports rent-to-income ratio flip
RealPage reported this month that wages are outpacing rents by a widening margin. Moody's Analytics tells a much different tale. After reporting...
Market rents: who’s hot, who’s not
The pandemic created a number of anomalies in the rental market that will take some time to normalize, not the least of...
Yardi Matrix reports rent growth rate falls again in August
Yardi Matrix reported that national average apartment rent growth was $1 in August, compared to the revised rent level of the month before. The...
Rent growth turns negative in August
The latest rent report from Apartment List shows that the national average monthly rent growth in August was -0.1 percent, the first negative reading...
IRR reports multifamily cap rates rising
Intergra Realty Resources (IRR) released its 2023 Mid-Year Viewpoint Summary, an update to its annual Viewpoint report. Unlike the year-end report, the update does...
Yardi Matrix reports slowing rent growth in July
Yardi Matrix reported that national average apartment rent increased $2 in July from the revised level of the month before. The average rent reached...
Number of renter households reaches all-time high
The Census Bureau released its quarterly report on home ownership and occupancy for Q2. It stated that the national rental housing vacancy rate was...
CBRE reports stable cap rates in Q2
A new report from CBRE states that cap rates used for underwriting prime class A multifamily assets were nearly unchanged in Q2 from their...