Student housing has been largely unaffected by the recent economic uncertainty – certainly less so than most asset classes – according to the latest National Student Housing Report from Yardi® Matrix.
The exemplary performance for the fall 2023 school year, including an all-time high in average monthly rent, should remain intact, the report said.
As of June, 86.6% of beds at Yardi 200 universities were preleased for the upcoming fall term, a 5.2% increase from the prior month and a slight 0.4% increase over last year.
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