Matrix Multifamily National Report-May 2024 June 04, 2024

Modest May Growth for Multifamily

Multifamily performance was positive in May, but ongoing healthy demand is counterbalanced by the robust delivery pipeline in some markets. Meanwhile, with high interest rates continuing to put a lid on transactions, investors in search of deals may have to consider such creative alternatives as distressed properties, underserved markets and niche property segments.