Matrix Self Storage National Report-August 2023 August 16, 2023

Street Rates Growth Decelerates

Self storage performance is feeling the effects of the broader economy, with a slowdown in the housing market and a deceleration in domestic migration impacting demand. Reduced move-in activity produced weaker-than-normal street rate performance in July. Read about this and other self storage trends in the August Yardi Matrix National Self Storage Report.