Despite anticipated rent slowdown, multifamily poised for a strong 2022

The multifamily market appears poised for another solid year in 2022, according to the U.S. Multifamily Outlook for Winter 2022, released today by Yardi Matrix.

While the record-setting rent gains recorded in 2021 are not expected to repeat this year, analysts anticipate demand for apartments will remain robust, highlighted by strong economic growth and household formation. Investor activity also is expected to continue apace, as capital conditions look favorable, and multifamily traditionally offers stable income and low mortgage rates.

Powering the positive outlook is the continued strength of the economy and consumer demand.

The report states the economy is benefiting from lingering monetary stimulus, job growth, higher wages and consumer wealth, while supply-chain issues have continued into 2022. Inflation and the labor shortage