Market Insights: The Impact of COVID-19 on the Multifamily Industry, May 2020

A data-driven look at the impact of the pandemic on the North American Multifamily market

In a previous report, we compared key metrics from February through April 2020 with the same period in 2019 to quantify the impact of the pandemic on multifamily organizations.

This report adds data through May 2020 to look at emerging trends and adjustments to new processes and changing renter behaviors. The MRI Software Market Insights team compares data from February – May of 2019 with the same months in 2020 to provide metrics that quantify the disruptions felt by multifamily professionals during this period.

Download the report to learn the continued impact of COVID-19 on multiple factors, including:

  • New rental applications and move-ins
  • Pricing adjustments
  • Card payment volume
  • Lease terms and renewals
  • Landlord concessions

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clients

10m

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2.3m

leases

140+

partners

170+

countries