DECEMBER 2024
Yardi Matrix:
Matrix Multifamily National Report
EXCELLENT INSIGHT FROM YARDI:
“The market enters 2025 walking a tightrope, with heavy supply growth balanced by equally strong demand. Clearly, 2025 promises change. Starts have dropped, and completions will wane soon. On the demand side, absorption will be boosted by healthy job growth and demographics. But president-elect Donald Trump campaigned to reduce immigration, another source of demand. The U.S. Census Bureau recently increased its estimate of international immigration to 2.8 million in 2024, 84% of total U.S. population growth, while upping immigration estimates to 4 million combined in 2022 and 2023.”
