“Multifamily property sales continued to shift toward secondary tech markets in 2022, as volume waned in the fourth quarter due to rising acquisition yields and pricing uncertainty.”

https://www.yardimatrix.com/publications/download/file/3485-MatrixResearchBulletin-MultifamilyTransactions-February2023

#RealEstate #RealEstateInvesting #CRE #Multifamily #YardiMatrix
@realestate@a.gup.pe @realestate@chirp.social

“Heading into the new year, multifamily experts are concerned about how the industry will be impacted by the rise in interest rates as the Federal Reserve continues its efforts to cool inflation.”

https://www.multifamilyexecutive.com/business-finance/business-trends/whats-in-store-for-multifamily-markets-in-2023_o

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#YardiMatrix #MRISoftware #RealPage #Zumper #Zonda
@realestate@a.gup.pe @realestate@chirp.social

“The national rent growth forecast for 2023 was revised downward again, largely driven by the downward revision of some large markets that have an outsize effect on the average, including Eastern Los Angeles County, Miami, the South Bay Area, Tampa and Manhattan.”

https://www.yardimatrix.com/publications/download/file/3350-MatrixBulletin-MultifamilyForecast-January2023

#RealEstate #CRE #Multifamily #YardiMatrix
@realestate@a.gup.pe @realestate@chirp.social

“The year 2022 ended with rent growth closer to ‘normal’ levels, up 6.2% year-over-year, to $1,715, which is a $4 drop from November. Although this is the lowest level since May 2021, it marks the second-highest annual growth ever, behind only 2021’s massive growth of nearly 15%.”

https://www.yardimatrix.com/blog/national-multifamily-market-report-december-2022/

#RealEstate #CRE #Multifamily #YardiMatrix
@realestate@a.gup.pe @realestate@chirp.social