Even as rent growth continues to slow, multifamily market fundamentals in most metro areas will remains positive, Yardi Matrix said Monday. The firm’s new report, Can the Good Times Keep Rolling?, provides a mainly affirmative answer to that question, albeit with some caveats. Aside from the tapering rent growth, “transaction yields have likely bottomed and oversupply is going to negatively impact some locales,” in particular when it comes to occupancy rates, according to the Yardi Matrix report.
Read more...Multifamily’s Good Times Keep Rolling | GlobeSt.com
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