Matrix Multifamily Charlotte Report-August 2022

Charlotte Maintains Investment Momentum

More than $2.1 billion in multifamily assets changed hands in the Queen City in the first half of the year, well above the $1.4 billion transaction volume recorded over the same interval in 2021. Meanwhile, deliveries hit the brakes, but rent growth remained 20 basis points above the 1.1 percent national average on a T3 basis.

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