Category: Matrix

Self Storage Slows

Yardi Matrix Reports

Year-over-year national street rates continued to tick up slightly in September, but month-over-month gains are now declining, according to the latest National Self Storage Report from Yardi Matrix. However, revenue growth remains strong as operators focus on boosting renewal rates. National street rates for 10×10 non-climate-controlled (NON CC) units increased 0.8 percent year-over-year in September, […]

Matrix

Student Housing Earns High Marks

Record setting performance in 2022

The Yardi Matrix team continues to be bullish on the student housing sector following another stellar quarter of performance in Q3 2022. Jeff Adler, vice president of Yardi Matrix, delivered a glowing report card for student housing during a webinar last week. You can listen to the full recording here. “The sector is a great […]

Matrix

Stalled Rents

But Sound Fundamentals

“Key fundamentals remain strong” in the U.S. multifamily amid a flattening of average asking rents in September, according to a new national multifamily report from Yardi® Matrix. The $1,718 rate, unchanged from August, reflects the impact of the economic slowdown and Fed interest rate hikes. Year-over-year rent growth slid more than a full percentage point […]

Matrix

Rates Slow

For Self Storage

Average self storage street rates reduced slightly in August, according to the latest National Self Storage Report from Yardi Matrix. A national average overall street rate of $149 was recorded. Despite moderating street rate performance, demand continues to be strong. The new self storage report focuses on areas of demand for storage units, which include […]

Matrix

Multifamily Rents Drop

According to Yardi Matrix

Average apartment asking rents decreased for the first time in 2022, dropping by $1 to $1,718, according to the latest Yardi Matrix Multifamily Report. The anticipated slowdown is no surprise to analysts, who observe in the new report that the U.S. economy is starting to feel the effects of higher interest rates, while migration is […]

Matrix

RV/Boat Storage

A Growth Market

Consumer purchases of recreational vehicles and boats are spurring strong demand for storage facilities, creating investment opportunities within this niche asset class, according to a new research bulletin from Yardi Matrix. The bulletin outlines factors driving demand for RV and boat storage. Most notable among them are a record number of acquisitions. In 2021, 571,000 […]

Matrix

Self Storage Moderates

But Outlook Still Positive

Economic stressors and cranky consumers were a focus of the latest Yardi Matrix webinar, where Jeff Adler, vice president of Yardi Matrix, focused on the self storage market as well as presented a macro-economic outlook and honed in on the storage market for RVs and boats. The economic recovery from the pandemic essentially complete, return […]

Matrix

Storage Stays Steady

Rents Remain at Historic Highs

Demand for self storage units is steady, so street rates remained at record highs last month, according to the latest National Self Storage Report from Yardi Matrix. Average U.S. street rates for 10X10 non-climate-controlled (NON CC) units remained at $132 in June, matching the all-time high set last month. Climate controlled (CC) 10×10 units were […]

Matrix

SFR/BTR Assets Attract Investment

Development also on the rise

Institutional investment in rental single family rental (SFR) homes is on the rise and expected to grow dramatically over the next eight years, according to a new bulletin on the sector released today by Yardi® Matrix. However, rising interest rates are forcing investors to reassess the most effective strategies for growing portfolios and may contribute […]

Matrix

Student Housing

Yardi Matrix Update

The student housing industry continued to break records in the second quarter of 2022, according to the new quarterly National Student Housing Report from Yardi Matrix. An 87.2 percent preleasing rate and rent growth of five percent in June were the highest Matrix researchers have seen thus far for Yardi 200 universities, and transaction activity […]

Matrix

Self Storage is Solid

Yardi Matrix update

Self storage rates keep edging up month after month due to persistent demand, according to the latest National Self Storage Report from Yardi® Matrix. Average U.S. street rates for 10X10 climate-controlled (CC) units rose $1 to $132 in June, while average rates for 10X10 non-climate-controlled (NON CC) units also rose $1 to $150, both all-time […]

Matrix

Multifamily Outlook

Positive Expectations

The national outlook for the multifamily sector remains positive through the end of 2022, with asking rent performance expected to have increased by around eight percent by year’s end. That’s according to the latest U.S. Multifamily Outlook report released today by Yardi® Matrix, a leading provider of data and analysis on most real estate verticals. […]

Matrix

Multifamily Update

Yardi Matrix Report

Average U.S. multifamily rents rose another $19 in June to edge over $1,700 for the first time ever, according to the latest Yardi® Matrix Multifamily Report. The increase was fueled by strong demand and rent growth throughout the country. Rent growth increased at least 10 percent year-over-year in 25 of Yardi’s top 30 metros. National […]

Matrix

National Rent Growth

Projections Bump Up

Rents in most American cities continue to rise slightly each month but are not duplicating the rapid escalation rates exhibited in 2021. But given ongoing gains, Yardi Matrix has revised its end-of-year projections upwards for most markets in a new special report. Average month-over-month asking rents increased by 1.1 percent in May compared to the […]

Matrix

Storage Steps Up

Yardi Matrix report

Self storage continues to see rents tick up month after month, despite growing economic turmoil, according to the latest National Self Storage Report from Yardi® Matrix. Overall street rates rose $1 last month to $147, with 10X10 climate controlled units averaging $149 and 10X10 non-climate controlled units at $131. “Storage demand remains extremely resilient, enabling […]

1 … 5 6 7 8 9 … 12