Multifamily National Outlook - Fall 2023, Sat 10AM PDTJoin thousands of businesses worldwide that choose Yardi property management software and services to optimize every aspect of their operations. Leverage industry leaders' insights to stay ahead in your real estate sector.
Read about this and more in Yardi Matrix’s May National Multifamily Report.Join Yardi Matrix Webinars for market updates, announcements and other news. But the durability of demand is in question for reasons that include concern for an economic slowdown in the second half of the year. Multifamily rents rose in May, with demand remaining solid in most regions. Multifamily Rents Grow in May as Some Metros Show Cracks. Yardi Matrix’s first-of-its-kind database of RV/boat storage facilities demonstrates the segment’s outsize potential for rapid growth. Supply of new storage facilities for recreational vehicles and boats has failed to meet demand, as post-pandemic sales of the “adult toys” have reached record highs. RV/Boat Storage Embodies Emerging Niche.Despite moderating growth, overall street rates remained healthy through the first half of the year.
Slower move-in activity seems to be challenging street rates this leasing season and rate growth was muted in June. Street Rate Growth Faced with Cooling Demand. Matrix Self Storage National Report-July 2023 July 19, 2023.
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