A slow start to 2024 for multifamily market
In this report, the MRI Software team tracks multifamily data from January through April 2024.
The first third of 2024 shows emerging trends around new lease pricing compared to renewals, indicating a stronger focus on tenant retention for landlords compared to 2023. Many other trends look consistent with pre-pandemic patterns and trajectories.
Download the report to learn more about these trends:
- Flat pricing for new leases
- Lower pricing for renewals
- Higher pricing for month-to-month leases
- Rent payment trends
The previous report covering full-year 2023 multifamily data is available here.