Insights
Market Insights: The impact of COVID-19 on the Multifamily Industry, June 2020
What the data from June tells us about the Multifamily market amidst a pandemic
In a previous Market Insights report, we compared key metrics from February through May 2020 with the same months in 2019 to quantify the impact of the pandemic on multifamily organizations.
Much like the last, this report includes new data from an additional month to provide insight into areas that are showing positive momentum as well as reasons for continued uncertainty. The MRI Software Market Insights team compares data from February – June of 2019 with the same months in 2020 to provide metrics that quantify the disruptions felt by multifamily professionals as eviction and rent moratoriums draw near their close in many states.
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