Matrix Bulletin-Absorption Paper-October 2021 November 03, 2021

Gateway Metros Bounce Back Amid Apartment Demand Boom

White-hot demand for housing across the country pushed multifamily absorption to an annual high just three quarters into 2021, according to Yardi Matrix data. The news is particularly good for gateway metros, which had negative absorption in 2020 due to the pandemic but have posted the highest absorption numbers so far in 2021.