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Radix Blog Posts 1

Rent and Operating Week of August 15th 2021

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 Week of August 15th 2021
Radix Blog Posts 2

Rent and Operating Trends Week of July 18th 2021

  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… Continue reading Rent and Operating Trends Week of July 18th 2021
Radix Blog Posts 4

Rent and Operating Trends Week of June 6th 2021

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...
Radix Blog Posts 3

Rent and Operating Trends Week of May 16th 2021

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...
Radix Blog Posts 1

Rent and Operating Trends Week of April 11th 2021

This week, there was a slight slowdown in the recent streak of strong week-over-week gains as some of the metrics, especially leading indicators such traffic and leases per week, are on pause from the increase from last week. Meanwhile, occupancy and lease rates are holding steady and NER is posting more modest...
Radix Blog Posts 2

Rent and Operating Trends Week of March 14th 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 and Operating Trends Week of March 14th 2021
Radix Blog Posts 3

Year-End Brings Mixed Results for U.S. Apartment Industry

The national occupancy rate was down 0.1% YoY, but the leased percentage rate had risen by 0.2%. So, frankly, most of the national operating metrics are not down a whole lot from their pre-pandemic highs. This doesn't mean that certain metros haven't experienced major turbulence.
Radix.com SurveySwap Final – 1

Q&A: Jasmine Greene on How Radix Data Is Helping Maverick Residential in the Pandemic

Doing manual market surveys is very time consuming, and associates are prone to making errors when doing them. Automating your market surveys ensures you're getting true apples-to-apples comparison data, and it frees up your associates to spend more time taking care of prospects and residents.
Radix Blog Posts 4

The Arrival of Q4 Brings Week Over Week Dips in Many Metrics

Multifamily performance data continues to behave like it did during the mid-summer, when the pandemic induced a variety of ups and downs. Typically, seasonality means things slow down a bit in the fall, and we see very little difference in metrics week over week.
Radix Blog Posts 2

Many Performance Metrics Holding Steady as Summer Comes to an End

Labor Day marked the unofficial end of summer. On a national basis, multifamily data and metrics have been hovering around the same points since mid-summer. But in the week ending on Sept. 6, we saw the biggest closing of that YoY gap since March.
Radix Blog Posts 3

Rent and Operating Trends Week of August 9th 2020

With the coronavirus pandemic continuing to rage in many parts of the country, the week ending on Aug. 9 showed most of the major apartment metrics experiencing slight declines, according to Radix data. National occupancy and leased percentage rates were flat.
Radix Blog Posts 4

Rent and Operating Trends Week of July 19th 2020

In general, the apartment market has shown fairly steady improvement since its low points early on in the pandemic. Last week, I cautioned that one bad week can be just that: one bad week. During the week ending on July 19, we saw moderately positive uptick.

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