The Yardi Matrix U.S. Multifamily Outlook for fall 2016 found that national rent growth has continued but slowed, while a couple bursts of job growth has helped propel the market forward.
- U.S. rents were up 5 percent annually in August, slowing from the 6-plus percent increases reported for the majority of the year.
- Rent in Los Angeles grew 6.9 percent annually and is forecasted to grow 5.6 percent by the end of the year.
- New completions comprise 5 percent of the total L.A. market, with 12,955 predicted to be completed by the end of the year.
Let's make 2018 your breakout year!
Join real estate's best to unlock growth at Connect SF, July 17-20, 2018