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.
Episodes
231 episodes
Occupancy Jumps Above Last Year as Rents Soften
The national multifamily picture took a clear step up in the week of July 19, led by a notable jump in occupancy. As of July 19, the average U.S. occupancy rate was 94.85 percent, up 49 basis points from the prior week and now 39 basis points a...
Occupancy Firms as Annual Gaps Continue to Narrow
The national multifamily picture kept improving in the week of July 12, with occupancy firming to its best annual comparison in recent weeks. As of July 12, the average U.S. occupancy rate was 94.37%, up 9 basis points from the prior week and d...
Metrics Hold Steady as Annual Gaps Narrow Into July
The national multifamily picture held steady in the week of July 5, with the gap to last year continuing to close on most metrics. For much of the spring, the annual comparisons had been improving week by week as this year's numbers caught up t...
Rent Momentum Cools as Annual Gap Widens Again
The national multifamily picture settled back this week after last week's jump, with occupancy holding roughly steady. As of June 28, the average U.S. occupancy rate was 94.24%, essentially flat on the week and down 29 basis points from a year ...
Rents Post Strongest Weekly Gain as Annual Gap Narrows
The national multifamily picture strengthened in the week of June 21, with momentum building across nearly every metric. As of June 21, the average U.S. occupancy rate was 94.32%, up 6 basis points from the prior week and down just 25 basis poi...
Annual Rent Declines Ease as Occupancy Holds Steady
Multifamily Operational Results The national multifamily picture stayed stable in the week of June 14, with a small encouraging shift underneath the surface. As of June 14, the average U.S. occupancy rate was 94.26%, up 3 basis poin...
Occupancy Holds Steady While Rents Stay Under Pressure
Multifamily Operational Results The national multifamily picture held steady to open June, with occupancy ticking up slightly on the week even as the annual comparison stayed soft. As of June 7, the average U.S. occupancy rat...
Occupancy Inches Up, But Rent Growth Stays Under Pressure
The multifamily market closed out May on a note of quiet resilience. Occupancy nudged higher for the week, the year-over-year gap continued to narrow, and leasing activity held steady. The rent side remains the story that operators are watching...
Rent Softens as Leasing Season Holds Steady
The national occupancy rate held at 94.20% for the week of May 24, up one basis point from the prior week. The leased percentage came in at 96.22%, also edging up five basis points week over week. Both metrics remain below last year's pace, dow...
Gas Prices Bite as Rent Growth Hits Its Best Level of the Year
Markets strengthened this week following the U.S.-China trade truce, but rising fuel costs continue to pressure renter affordability, an important dynamic heading into the peak of leasing season.Energy and Inflation: AAA reports the...
Trade Truce Lifts Markets, but Renters Still Feel the Squeeze
Economic HeadlinesA temporary U.S.-China trade truce announced this week sent markets sharply higher, offering the first sustained relief investors have seen in months. The good news stopped there for most consumers, though, as th...
Energy Costs Remain Elevated as Geopolitical Uncertainty Persists
The ongoing conflict in the Middle East continues to drive the economic narrative, keeping energy costs painfully high for consumers and complicating the outlook for inflation and interest rates heading into peak leasing season.For rente...
Millennials are Confident, but Layoffs Jump
The Conference Board’s April 28 release showed that adults under 35 are the only group with rising confidence. If you're looking for some optimism for multifamily, this provides a promising outlook for the sector’s vital demographic, eve...
Metro Job Data Confirms Demand Shortfall
For years, 2026 was circled on the calendar as the year multifamily metrics would roar back. However, metro-level job data suggests the recovery is being stifled by the demand side of the equation. Despite supply becoming less of a challenge, j...
Inflation Spikes and Housing Rebound Stalls
The latest data is finally showing us the real-world impact of the "war shock," with skyrocketing oil prices officially putting an end to the recent cooling trend in inflation. Between those rising costs at the pump and a housing market that re...
Occupancy Growth Muted in Early Q2
The U.S. labor market bounced back in March to reverse February's losses. While the headline was positive, the U.S. has not posted consecutive months of job gains since April and May 2025. A bad month of growth has followed a good one the past ...
Leasing at Slower Pace in Q1 2026
Economic HeadlinesThe economic narrative has shifted from "gradual recovery" to "geopolitical volatility" as conflict in the Middle East continues to dictate the pace of inflation and interest rates. For multifamily operators, the immedi...
Multifamily Results Steady Despite Economic Headwinds
Economic HeadlinesImpacts related to the conflict in the Middle East continue to dominate economic headlines. All data stated are based on the publication date of this report, and they are subject to change.· Crude Oil n...
Demand Impacted by Jobs and Energy
Labor Market Loses MomentumThe February jobs report was weaker than expected, with the U.S. losing 92,000 jobs and falling well short of the growth economists projected. While the unemployment rate remains relatively low at 4.4%, ...
Mortgage Rates Dip Below 6%
Prior to increased global tensions, mortgage rates hit a milestone as the average 30-year fixed-rate dropped to 5.98% last week—the first time the metric has dipped below 6% since September 2022.This slight decline from 6.01% the prior w...
Major Upgrades to Radix's Market Intelligence
Major upgrades to Radix’s market intelligenceThis week, we've integrated millions of new public data points into our Research product, adding tens of thousands of properties to our Radix Analytics platform for a more comprehensive...
Economic Update: A Resilient Start to 2026
The first half of February delivered a wave of favorable economic data, painting a more optimistic picture for the start of the year than many analysts predicted. The combination of cooling costs and a resilient labor market provides a strong f...
Job Growth Surprisingly Strong to Start 2026
The labor market kicked off 2026 with a surprising 130,000 new jobs in January based on today’s report from the Bureau of Labor Statistics. It was more than double economists’ expectations.From an industry perspective, health care and so...
Carolinas, Idaho, and Texas Lead in Population Growth
The U.S. Census Bureau’s first look at 2025 population data revealed a significant cooling trend. As of July 1, 2025, the U.S. population grew by 1.8 million from the prior year, or 0.5%. It was a sharp deceleration compared to the prior year’s...
