Matrix Multifamily National Report-March 2023 April 05, 2023

U.S. Multifamily Rents Resume Rise After 5-Month Pause

The troubles of the bank sector were the focus of attention in recent weeks. While they’ll constrain capital conditions for property owners, the good news is that multifamily fundamentals performance remained strong and U.S. asking rents increased in March for the first time since the fall of 2022.