The Radix Review: Multifamily Trends Explained
Covering the latest trends in multifamily housing, demographics, and economic insights, built off real time analytics at the property, submarket and market level.
The Radix Review: Multifamily Trends Explained
Job Growth and Wage Growth Remain Strong, Benefit Multifamily Operations - RAOT Week of May 4th, 2025
The latest U.S. jobs report was stronger than expected, especially given the generally economic uncertainty often echoed by media reports. While there are a few caveats to the report, the positive tone should not have been too surprising given the recent performance for multifamily.
U.S. annual effective rent growth was 0.9% for the latest week, but many markets and submarkets have returned to growth rates of at least 3.0%. Annual wage growth was 3.8% in April, which should help rent growth normalize as supply and demand become balanced in more locations...
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