Market Insights: The impact of COVID-19 on the Multifamily Industry, August 2020

The MRI Software Market Insights report looks at data to understand how the multifamily market is responding to the COVID-19 pandemic. We compare year-over-year data from January through August 2019 and 2020, tracking metrics through different phases of the resident lifecycle.

As we look ahead to budgeting season, detailed analysis for both revenue and expense will be required to set fiscal and operating plans for 2021. Creating visibility to a wide array of data is the motivation behind the MRI Software Market Insights reports. The previous report covering multifamily data through July 2020 is available here.

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

• New and renewal lease pricing
• Technology adoption and portal usage
• Landlord concessions
• Move-in volume
• Card payment volume