JANUARY 2025
Yardi Matrix:
Matrix Multifamily National Report
EXCELLENT INSIGHT FROM CROW HOLDINGS:
“Because conditions vary considerably across the U.S., there are greater opportunities today to outperform the index. For example, inventory growth is well-above average in certain markets such as Austin and Phoenix. In these cities, tenant demand has not kept pace with supply, and occupancy rates are at least 3% below average causing a deceleration and even a decline in rents. Conversely, in cities such as Chicago, Nashville, Atlanta, Houston, and a few Florida markets, occupancy rates are above average, new supply is balanced, and income yields are higher. As a result, we expect these markets to perform better.”
