
Top 10 Metros Leading Multifamily Investments Year-to-Date
The third quarter wrapped up at the end of September, and the reports for multifamily investments have been released and are once again, very promising. Multifamily set a new quarterly absorption record of 251,500 units and overall vacancy rate fell by 1.2 percentage points quarter-over-quarter. The recession resistant success of multifamily has not gone unnoticed, as more and more investors look to invest in such a strong industry. Quarterly acquisition reached $242B, an increase from last quarter with certain markets receiving more attention than others.
Here are the 10 Metros Leading Multifamily Investments Year-to-Date:
10. Austin, TX

Investment Values: $5.16B
Percent of Total US Investments: 2.9%
Year-Over-Year Change: 145.7%
9. Washington, D.C.

Investment Values: $5.52B
Percent of Total US Investments: 3.1%
Year-Over-Year Change: 55.9%
8. Denver, CO

Investment Values: $5.67B
Percent of Total US Investments: 3.2%
Year-Over-Year Change: 99.9%
7.Miami/SO. FL, FL

Investment Values: $6.29B
Percent of Total US Investments: 3.5%
Year-Over-Year Change: 223.8%
6. Houston, TX

Investment Values: $7.83B
Percent of Total US Investments: 4.1%
Year-Over-Year Change: 223.8%
5. New York Metro, NY

Investment Values: $9.70B
Percent of Total US Investments: 5.4%
Year-Over-Year Change: 53.6%
4. Los Angeles/SoCal, CA

Investment Values: $10.08B
Percent of Total US Investments: 5.6%
Year-Over-Year Change: 108.2%
3. Phoenix, AZ

Investment Values: $10.27B
Percent of Total US Investments: 5.8%
Year-Over-Year Change: 224.1%
2. Atlanta, GA

Investment Values: $10.84B
Percent of Total US Investments: 6.1%
Year-Over-Year Change: 170.6%
1.Dallas/Ft. Worth, TX
