Tag: Rent growth
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...
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...
