Matrix Multifamily Washington DC Report-November 2022 December 01, 2022

D.C.’s Rental Market Highs

Rent growth slowed to 0.3 percent on a T3 basis through September, 10 basis points higher than the national rate of rent growth. One of the strongest markets for investment in 2021, the district continued to draw activity, recording $4.2 billion in sales through the year’s first three quarters.