Matrix Multifamily National Report-December 2022 January 11, 2023

As the Book Closes on 2022, What’s in Store for 2023?

Multifamily asking rent growth recorded its second best year this century in 2022, though it finished the year on the downside due to weakening demand and robust supply growth that has occupancy rates sinking. What do we expect in 2023? Despite headwinds, the market has positive drivers.