Student housing fundamentals demonstrate resilience, Yardi Matrix reports
Sector fundamentals remain strong as preleasing for fall 2022 ramps up, according to the latest Yardi® Matrix National Student Housing Report.
Despite concerns about its performance during the COVID-19 pandemic, student housing has shown significant resilience over the past two years.
“Preleasing and rent growth for the fall 2021 term ended on a positive note, and fundamentals continue to look healthy as preleasing for the fall 2022 term is underway,” said the new report.
The Yardi 200 ended the fall 2021 preleasing period in September at 94.3 percent, up 5.2 percent from fall 2020. Preleasing for the fall 2022 term already is underway, at 26.7 percent as of November, up from 15.4 percent compared to the same time the previous year.
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