Wednesday, March 24, 2021

These Cities Are Dominating The COVID-Era Multifamily Market via GlobeSt

The Inland Empire and Sacramento are showing the top gains as the multifamily market continues its swift rebound from the COVID-19 pandemic, with rents up 7.6% and 6.4%, respectively.

A new multifamily report from Yardi Matrix shows the markets are also among the top three for occupancy growth year-over-year, with occupancy in the Inland Empire ticking up 2.2% in January and Sacramento showing a 1.2% increase. They also showed strong rent growth thanks to limited new supply coming online.

Read more...These Cities Are Dominating The COVID-Era Multifamily Market via GlobeSt

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