WebJan 9, 2024 · Phoenix will be one of the few markets to continue experiencing strong rental rates and low vacancy rates in 2024. At some of the larger conferences I have recently attended, Phoenix is still the ... WebPhoenix Industrial Market. Average Asking Rent (Price/SF) $1.03. Vacancy Rate (%) 5.4%. Net Absorption (SF) 6,027,120. The fourth quarter of 2024 was likely a sign of things to come for the Phoenix market in 2024. While quarterly net absorption, 6.0 million square feet for the quarter, continued the strongly positive trend of the last two years ...
2024 Multifamily Market Outlook: Turbulence Ahead
WebApr 10, 2024 · National Multifamily Report – March 2024 By Anca Gagiuc April 10, 2024 Industry Research Reports Matrix (Absorption) Matrix (Occupancy) Short-term rents resume rise after four months with... WebApr 13, 2024 · The greater Los Angeles multifamily market closed out the first quarter of 2024 with an overall occupancy rate of 95.8% and an average effective rent of $2,170 per … inclined ground
Phoenix MarketBeats United States Cushman
WebJun 29, 2024 · This has helped the metro’s multifamily market remain a top national performer. The average rent increased by 0.9% on a trailing three-month basis through April to $1,316, while the U.S. rate rose 0.5% to $1,417. Year-over-year through April, the average rate grew by 8.1%. Meanwhile, the national figure was up just 1.6%. WebJan 20, 2024 · Phoenix is another metro that has an excess number of multifamily units. Despite an anticipated job growth of nearly 2.0 percent in 2024, producing possible … WebApr 10, 2024 · The Dallas-Fort Worth MSA had been the second most active market in 2024 for CMBS multifamily originations with $3.9 billion. PHOTO: VALERIE MACON/AFP via Getty Images. It is a tale of two economies when it comes to the multifamily space in commercial real estate. A pair of reports by data research firms Yardi Matrix and MSCI paint a dueling ... inclined heterolithic stratification