Items Tagged with 'Yardi-matrix'

ARTICLES

  • Zillow: Blacks and Latinos have to spend more than 30% of income to pay rent

    San Francisco, Los Angeles, Boston and New York are typically unaffordable for blacks and Latinos
    As rental prices continue to rise to record levels, new research from Zillow indicates that a disproportionate percentage of blacks and Latinos cannot afford to rent. This is because black and Latino income remains below their counterparts, hindering affordability in the majority of the 50 largest metros nationwide.
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  • Rent just jumped to an all-time high

    New report shows nationwide rent crosses $1,400
    We’ve known that the rent may be too damn high for quite a while now, but a new report shows that rent has never been this high before. Newly released data from RentCafé and Yardi Matrix shows that nationwide apartment rents just hit an all-time high in June, crossing the $1,400 threshold for the first time ever.
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  • Report: Multifamily rents on the rise

    Yardi-Matrix's monthly report shows strong rent growth and dipping occupancy
    U.S. multifamily rents climbed $4 in April, moving from $1,373 to $1,377, according to a survey of 121 markets by Yardi-Matrix. More than just the typical seasonal bump in spring and summer, the growth reflects a 2.4% year-over-year gain, which is the highest since last spring.
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