Matrix Multifamily National Report-May 2022 June 08, 2022

Another Solid Month for Multifamily Rents

Multifamily performance continued its strong run in May. Year-over-year rent growth decelerated slightly to 13.9%, but demand remains robust and broad-based regionally. That said, occupancy data shows signs of possible deceleration, and increased interest rates are creating questions about the durability of property values