Monday, December 7, 2015

Report: Multifamily Rents Steady in November, Hottest Markets Show Signs of Deceleration

According to YardiMatrix November 2015 data, Portland (14.7%) and San Francisco (11.0%) once again led the pack in year-over-year data. Ongoing hot markets include Sacramento (10.7%), Seattle (9.5%), Atlanta (8.9%) and Denver (8.5%).

In recent months, however, some of the Western tech-oriented growth markets have been showing signs of slipping and rent growth has been led by warm-weather metros in the South and Southwest, including Miami, Phoenix and the Inland Empire.