LIVE FEED

AVG RENT GROWTH+3.8% YoY+0.2%/CAP RATE (NATAVG)5.15%+12bps/10Y TREASURY4.42%-8bps/MULTIFAMILY STARTS328K-6.1%/ABSORPTION RATE92.4%+1.2%/EMPLOYMENT GROWTH+1.9%+0.1%/CPI SHELTER+5.1%-0.4%/NATIONAL VACANCY5.2%-0.3%/AVG RENT GROWTH+3.8% YoY+0.2%/CAP RATE (NATAVG)5.15%+12bps/10Y TREASURY4.42%-8bps/MULTIFAMILY STARTS328K-6.1%/ABSORPTION RATE92.4%+1.2%/EMPLOYMENT GROWTH+1.9%+0.1%/CPI SHELTER+5.1%-0.4%/NATIONAL VACANCY5.2%-0.3%/

CIGNAL·SYSTEMMULTIFAMILY

Market Maps

Multifamily fundamentals scored and ranked across top U.S. metros.

Rent Growth Comparison — Top Markets

SUN BELT

Austin, TX

Rent Growth

+5.1%

Vacancy

4.1%

Cap Rate

4.9%

NOI Growth

+6.2%

88

Nashville, TN

Rent Growth

+4.7%

Vacancy

4.4%

Cap Rate

5.0%

NOI Growth

+5.8%

84

Phoenix, AZ

Rent Growth

+3.2%

Vacancy

5.8%

Cap Rate

5.2%

NOI Growth

+4.1%

76

Dallas, TX

Rent Growth

+2.8%

Vacancy

6.2%

Cap Rate

5.3%

NOI Growth

+3.9%

74

Atlanta, GA

Rent Growth

+3.8%

Vacancy

5.1%

Cap Rate

5.1%

NOI Growth

+4.9%

79

MOUNTAIN WEST

Denver, CO

Rent Growth

+2.4%

Vacancy

6.1%

Cap Rate

5.3%

NOI Growth

+3.2%

71

Salt Lake City, UT

Rent Growth

+3.5%

Vacancy

5.0%

Cap Rate

5.0%

NOI Growth

+4.5%

77

GATEWAY

New York, NY

Rent Growth

+1.8%

Vacancy

4.2%

Cap Rate

4.5%

NOI Growth

+2.5%

63

San Francisco, CA

Rent Growth

+0.8%

Vacancy

7.2%

Cap Rate

5.5%

NOI Growth

+1.2%

52

Chicago, IL

Rent Growth

-0.3%

Vacancy

8.1%

Cap Rate

5.8%

NOI Growth

-0.5%

45