Despite a fair number of headwinds that include decelerating rent gains, growing supply, the advanced age of the economic cycle and the increase in interest rates, the multifamily market remains in a healthy state, according to Yardi Matrix’s U.S. Outlook 2018 report.
Overall demand continues to be bolstered by positive demographic drivers and the consistent growth in jobs that has kept the nation near full employment.
With no signs that the economy is about to slow down, the apartment market is in a good spot, although the heady days from earlier in the cycle are past.
Yardi expects U.S. rent growth will remain moderate overall, led by growing Southern and Western metros where supply growth has not gotten too far ahead of demand.
To read the full report, click here.
