Matrix Multifamily National Report-February 2022 March 24, 2022

Strong Occupancy Growth Boosts Multifamily

Multifamily demand remained strong in February, as the industry prepares to enter the spring leasing season. Occupancy rates are extremely high in markets across the country, with housing demand outstripping supply. Rent growth once again rose to record levels, although the pace is likely to decelerate in coming months.