Promising Start in January for Multifamily Fundamentals
Rents were up moderately in most markets in January, when rent growth is normally slow, indicating that the multifamily fundamentals are still strong, Yardi Matrix says in its latest report.
Multifamily fundamentals appear strong as...
Oregon State Auditor to Review Rental Assistance Funds Payments
The audit division of the Oregon secretary of state’s office says in a statement that the Oregon Emergency Rental Assistance Program funds will be audited by the director of the office’s audit division, Kip...
National Rents Edge Back Up into Positive Territory in January
January rents inched back up into positive territory nationally overall, but many metros are still seeing declining rents, according to the Apartment List February report.
The national index was up a slight 0.2 percent over...
Another Bullish Year For Multifamily In 2022?
Multifamily appears poised for another bullish year in 2022 as healthy economic growth, rising apartment occupancy and capital flowing into multifamily, Yardi Matrix says in their winter report.
“We anticipate demand for apartments will remain...
Single-Family Build-to-Rent Expected to Hit All-time High In 2022
The popularity of single-family build-to-rent homes continues to grow and is expected to hit an all-time high in 2022, according to a new study from RentCafe.
The pandemic has pushed renters to look for more...
Student Housing Leasing Surpasses Pre-Pandemic Levels
The student-housing industry has largely recovered from the pandemic as student housing leasing has passed pre-pandemic levels despite news of decreased enrollments, according to the latest report from Yardi Matrix.
The preleasing period for the...
Rent Prices Turn a Corner as Rent Growth Slows
Across the nation, rent prices fell 0.2 percent last month, representing the country’s first measurable price decline since 2020 rent growth records, according to the January report from Apartment List.
Last year was a period...
Portland Rents Continue To Decline For Second Month
Portland rents have declined 1.1 percent over the past month, according to the latest report from Apartment List.
This is the second straight month that the city has seen rent decreases after the last increase...
Multifamily Had A Record Year In 2021; What’s in Store for 2022?
Multifamily rent growth had a record year in 2021, with many factors contributing to the unprecedented growth that led to the average asking rent growing by $190 during the year, according to Yardi Matrix.
Expectations...
Los Angeles Won’t Allow Rent Increases for Most Apartments Until 2023
Landlords in Los Angeles cannot increase rent on the more than 650,000 occupied and rent-stabilized apartments in the city despite rising construction-repair costs and increasing city fees.
The Los Angeles Times reports that number is...