Progress toward recovery varies significantly among multifamily sectors in the U.S.

The latest report from proptech firm MRI Software reveals significant differences in key indicators of recovery across multifamily sectors. Of particular note: Rent collections in affordable housing payments lag those of market-rate and public housing, and mobility in affordable and public housing trails that of market-rate housing.

To fully assess the multifamily market’s progress toward recovery, MRI reviewed not only year-over-year and month-over-month statistics, but also compared the first four months of 2021 against a “baseline” of the first four months of 2019, before the pandemic had emerged. The firm’s report on market-rate housing covers 1 million units, while its report on affordable and public housing