U.S. Multifamily Outlook: Rent Growth Remains Positive Despite Economic Uncertainty, Says Yardi Matrix
June 28, 2023 | Yardi
Multifamily rents continued to increase through the first half of 2023, despite challenges for the sector and continuing economic uncertainty. But job growth has remained robust and new households keep forming, creating apartment demand and ongoing rent growth.
“We anticipate that rents will continue to increase modestly over the course of the year as demand has firmed, albeit at a more moderate rate in line with historic growth levels,” says Yardi® Matrix experts in a newly released U.S. Multifamily Outlook.
