Matrix Multifamily National Report-December 2023 January 10, 2024

Multifamily Rents Close 2023 on Losing Streak

Multifamily rents extended their downward drop in December, falling for the fifth straight month, though they finished 2023 with a slight annual gain. Read the latest monthly report from Yardi Matrix to get the prognosis for demand and the outlook for important issues in 2024, including expenses, supply growth and interest rates.