According to the latest Yardi Matrix, U.S. multifamily rents held steady in January, coming in at $1,420, while year-over-year growth was 3.3% – with the growth rate exceeding 3% for six months. Yardi calls this a healthy performance and said market players are largely optimistic about 2019. Indeed….
“Multifamily continues to run strong in terms of performance and popularity as an investment alternative. Other real estate property types—such as office, retail and hotel—have long-term structural demand issues, while non-real estate sectors including stocks, corporate bonds, emerging markets and housing are showing signs of strain as the cycle lengthens.”