Matrix Multifamily Atlanta Report-May 2023 June 01, 2023

Atlanta Growth Tapers

Multifamily started 2023 slow, following a stellar couple of years, with YoY rent growth at 1.1% as of March, well below the 4.0% national figure. Meanwhile, ongoing economic instability has led sales volume to slow, as well, following $27 billion in transactions during the previous two years.