Market Insights: Impact of COVID-19 on the Multifamily Industry, March 2021

The MRI Software Market Insights team continues their analysis of industry data. This report tracks trends for the multifamily industry from March 2020 through March 2021.

In multifamily, there are positive signs within the data from March that should engender optimism, especially as we approach the traditionally busy summer months. The previous report covering February 2020 through February 2021 is available here.

Download the report to see the positive trends taking place in the US multifamily industry:

• Concessions dropped significantly
• Application volumes continue to increase
• Traffic volumes exceeded last summer’s peak
• Lease pricing remains consistent