Top Multifamily Markets to Watch Nationwide

What multifamily construction markets are experiencing a true housing boom? Multifamily developers, investors, and managers want to know. The answer lies in the key indicators like net effective rents, occupancy rates, leased percentage, and concessions. In this blog post we explore why these markets are booming from the perspective of key progress indicators…

Radix Joins Greystar for the Desert Region’s “High-Rise” Podcast

Multifamily markets have seen a series of tectonic shifts over the past two years, but growth nationally remains strong as new leaders emerge in key progress indicators.  Our VP of Client Success shared the latest data from two of the Southeast’s fastest growing housing markets: Phoenix and Las Vegas. As demand shifts, these markets have… Continue reading Radix Joins Greystar for the Desert Region’s “High-Rise” Podcast

Rent and Operating Trends Data – August 15th

During this reporting period, there has been very minimal movement recorded in the leading metrics, although national NER did post another sizeable gain. National rental markets seem to be holding even as Delta strain increases around the nation. These factors present the biggest threat to national rental rates since the start of the surge late… Continue reading Rent and Operating Trends Data – August 15th

Rent and Operating Trends Data – July 18th

This week’s rent and operating trend data indicate positive growth, as all our key metrics are up week-over-week. Occupancy and leased rates both bounced back 10 basis points after last week’s dip. National average NER jumped up 0.6% WoW, continuing the streak of uninterrupted weekly NER gains since mid-December. With this streak now seven months… Continue reading Rent and Operating Trends Data – July 18th

Rent and Operating Trends Data – June 6th

This week, national metrics remained strong during the week after the Memorial Day holiday. Leading indicators continue to predict strong growth nationwide as we head into the summer months. NER notched another week of 80 basis point gains, rising to $1,737. National NER is currently only 2.4% below the pre-pandemic high and will close that gap…

Rent and Operating Trends Data – May 16th

There is great news to report this week, as National NER for 2 and 3 bedrooms have officially moved positive YoY. Rising this week to $1,882 and $2,181 respectively, both are now within striking distance of their pre-pandemic highs. The 2-bedrooms need to recover to a pre-pandemic high of…

Rent and Operating Trends Data – April 11th

Rent & Operating Trends Data Report: Week Ending 3/14/2021

As we continue to report Rent & Operating Trends Data and leading indicators traffic, occupancy, leasing, and net effective rent (NER), we are happy to share that we’ve expanded our sampling and added Jacksonville, Raleigh, and Salt Lake City into the regular rotation of markets.   After last week’s surge in leading indicators, weekly leases… Continue reading Rent & Operating Trends Data Report: Week Ending 3/14/2021

It’s Time to Move on From the Anachronistic Days of Data Gathering

By Brad Cribbins There is no shortage of market data in multifamily. What’s lacking are effective platforms allowing real-time reporting and visibility into a market’s leading indicators – the stats like traffic, occupancy, leasing and net effective rents are business insights with the power to drive proactive and efficient business decisions.  This data is being… Continue reading It’s Time to Move on From the Anachronistic Days of Data Gathering

Radix Eclipses the 5-Million-Unit Mark

The apartment data analytics firm also unveils study showing its client communities consistently outperform comps and experience higher rents.   As the provider of a cutting-edge, cloud-based market survey and data analytics platform, today we are proud to announce Radix is serving more than 5 million apartment homes.   Radix experienced extensive customer growth in… Continue reading Radix Eclipses the 5-Million-Unit Mark