Marcus & Millichap

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Portland Multifamily Market Report

Portland Metro Area, Fourth Quarter 2017

Multifamily permitting activity stalls following rule changes. Since the new inclusionary housing regulations went into effect in February 2017, apartment permits in the city of Portland have fallen significantly.More

Riverside Multifamily Market Report

Riverside-San Bernardino, Fourth Quarter 2017

Metro offers households several residential options. Job creation within the Inland Empire will remain strong despite a tightening labor market. Riverside and San Bernardino County employers are slated to create nearly 30,000 positions as the unemployment rate edges down toward 5 percent.More

Sacramento Multifamily Market Report

Sacramento Metro Area, Fourth Quarter 2017

Metro remains the West Coast’s tightest major market. Entering the fourth quarter, just 3 percent of Sacramento-area apartments were available for rent, with vacancy below 2 percent in four submarkets.More

Salt Lake City Multifamily Market Report

Wasatch Front, Fourth Quarter 2017

Millennials provide market with rental demand. An expanding Goldman Sachs office, along with Adobe soon doubling its Utah workforce, has resulted in strong household formation.More

San Antonio Multifamily Market Report

San Antonio Metro Area, Fourth Quarter 2017

Employment growth encourages steady pace of household formation. Though slowing from the previous five years of rapid employment expansion as the labor market tightens, job gains in San Antonio are still rising at a faster pace than the nation.More

San Diego Multifamily Market Report

San Diego Metro Area, Fourth Quarter 2017

Market conditions warrant new units, support tight Class C vacancy. Over the past four years, diversified job creation, household expansions, out-of-reach home prices and a growing millennial base have combined to fuel rental demand in San Diego County, with vacancy relatively unchanged during the period despite the delivery of 16,000 apartments.More