Denver Multifamily Rental Market Continues Flying High
The Denver multifamily rental market shows rent growth picking up again, a job market that leads the nation and transaction activity that remains hot, according to the June Denver Yardi Matrix multifamily report.
“One of...
Phoenix Maintains Strong Multifamily Fundamentals
Phoenix is showing strong multifamily fundamentals as investment activity remains elevated, year-over-year rent growth outpaces the U.S. rate, and the unemployment rate exceeds pre-pandemic levels, according to the June report from Yardi Matrix.
Phoenix had...
Rate Of Rent Growth Slows At Midyear But Multifamily Still Poised For Strong Year
The rate of rent growth in multifamily has slowed slightly as year-over-year asking rents decelerated, from 16 percent in April to 14 percent in May, Yardi Matrix says in a special report called “Multifamily...
Portland City Council Settles With Landlords, Amends FAIR Ordinance
The Portland City Council has voted to amend the Fair Access In Renting Ordinance (FAIR) regarding some elements of applicant screening and security deposits, according to reports.
The council decided to roll back some of...
With Traditional Multifamily Rent Drivers Disrupted What Is The Future?
Traditional drivers of multifamily rent growth were upended during the pandemic, first as shelter-in-place policies led to massive job losses and migration, and then as the employment rebound and loosening of restrictions caused demand...
Portland’s Multifamily Sector Building a Comeback
Portland’s multifamily sector is building a comeback as construction activity stays elevated, rent development is consistent and the employment market is recouping losses, according to the Yardi Matrix June 2020 Portland report.
“Going into summer,...
Where Are The Most Competitive Rental Markets?
A look at the 100 largest markets in the U.S. shows where the most competitive rental markets are and what is driving the competition, according to research from RentCafé.
Using Yardi proprietary data, RentCafe looked...
Multifamily Rent Growth Continues To Defy Gravity
Multifamily rent growth continued its strong run in May even as year-over-year rent growth decelerated slightly to 13.9 percent. However, demand remains robust and regionally broad-based, according to Yardi Matrix in its May multifamily...
Seattle Mayor Vetoes Plan To Make Landlords Report Rent They Charge
Seattle Mayor Bruce Harrell has vetoed a Seattle City Council ordinance that would have required landlords twice a year to report the rent and other fees they charge for each rental.
The council can override the...
Renter Preferences Survey Report Shows The Future Is Remote Work
The 2022 renter preferences survey report shows that renters have been on the move over the past 18 months and clearly seek more space in their living arrangements.
And, more telling is that a quarter...