We are excited to share with you the Chart of the Week! Through our real-time data, we are building a series of visuals, charts, and graphs depicting the most important trends happening in the multifamily industry. This week we are doing a comparison of NER and CPI.
NER vs. CPI Growth
Inflation and rent growth have dominated the headlines in 2022 as a confluence of factors has led to rapid increases in both metrics. Both have followed similar trajectories, with growth starting in early 2021 and accelerating through last year. However, it wasn’t until early 2022 that many people started focusing on the historically strong growth. Radix data shows rent growth peaking late in Q4 2021 before decelerating quickly through most of 2022. Inflation peaked in Q2 of 2022 and appears to be receding but not as rapidly as rent growth. With the Fed fighting hard against inflation, we expect the CPI to continue to decelerate and follow a similar trend to annual rent growth in the coming months.
Follow the series on LinkedIn and radix.com/research and share your feedback! We would love to hear from you with suggestions for future trends to cover!
Radix Research provides a comprehensive and powerful solution for evaluating the performance of live properties and portfolios at submarket, market, and national levels through research. With vast data analytics available, Radix Research offers the most timely and leading data, streamlining the research process for all stakeholders. Data is presented in visual, graphical, and tabular formats for easy analysis and understanding, including interactive maps, customizable charts, and exportable tables, providing users access to various benchmarking tools and data analytics.
To retrieve this data, request a demo today.
Drive revenue and save time with advanced analytics tools built on the industry’s first shared-data ecosystem.
7150 E Camelback Rd.
Suite #333Scottsdale AZ, 85251
Phone: 602-892-4788Email: info[@]radix.com
Rr. Ukshin Hoti, Nr. 120
Kompleksi Ramiz Sadiku, C3
Kosovo, Prishtine 10000
Phone: +383 44 855 334Email: info[@]radix.com