Student Housing Surveyed Preleasing Reaches 85 2 Percent in June, Reports Yardi Matrix
Simplydbs is a Canadian-owned company that provides third-party resident and tenant feedback services. Through comprehensive data collection and analysis, simplydbs helps property managers enhance tenant satisfaction and streamline property management processes. Additionally, issues with FAFSA filing and processing pose a concern for near-term enrollment growth.
Canadian Multifamily Market Analysis: 2023/2024 simplydbs Report Insights
Data on the multifamily market in Canada is often limited, yet the dynamics are shifting rapidly towards digital solutions. As the industry embraces technology, the need for robust, comprehensive data becomes more critical. To contribute to the 2025 Canadian Multi-Residential Satisfaction Survey (CMRS) and gain further insights into the evolving multifamily market, visit 2025 CMRS. Large primary state schools like Tennessee learn the difference between gross margin and Purdue had the strongest rent growth. Smaller institutions such as Vermont (16.7 percent rent growth), San Jose State (15.8 percent), Oregon State (15.8 percent) and New Hampshire (15.6 percent), also stand out. (SANTA BARBARA, Calif., July 24, 2024) – Surveyed preleasing at colleges and universities tracked by Yardi® reached 85.2 percent in June, on par with last year’s pace and outpacing historic trends.
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- The top four schools for rent growth were on average 93.4 percent preleased and experienced 4.7 percent enrollment growth in 2023, versus the bottom four which average 67.4 percent preleased.
- Averaging 6.1 percent asking rent growth for the season since October 2023, the Fall 2024 school year is shaping up to be one of the best for the student housing sector.
- For more information on how Yardi is Energized for Tomorrow, visit yardi.com.
Celebrating its 40-year anniversary in 2024, Yardi® develops industry-leading software for all types and sizes of real estate companies across the world. With over 9,000 employees, Yardi is working with our clients to drive significant innovation in the real estate industry. For more information on how Yardi is Energized for Tomorrow, visit yardi.com. For more information on how Yardi is Energized for Tomorrow, visit yardi.com. Yardi has supported simplydbs since 2022, helping provide current insights into the multifamily market.
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Student Housing Surveyed Preleasing Reaches 85.2 Percent in June, Reports Yardi Matrix
Nevertheless, 39 universities were at least 94 percent preleased already, including 13 schools that reached at least 99.7 percent preleased. The average advertised asking rent per bed stood at $898 last month, while year-over-year rent growth slowed to five what is the difference between corporation and incorporation percent, according to the latest Yardi® Matrix National Student Housing Report. Averaging 6.1 percent asking rent growth for the season since October 2023, the Fall 2024 school year is shaping up to be one of the best for the student housing sector.
Simplydbs, a Canadian-owned third-party real estate feedback platform, specializes in gathering and analyzing data to enhance property management and tenant satisfaction. “Rent growth is most significantly impacted by preleasing and enrollment trends. The top four schools for rent growth were on average 93.4 percent preleased and experienced 4.7 percent enrollment growth in 2023, versus the bottom four which average 67.4 percent preleased.