As a wave of students prepared to head to their colleges at the end of summer, they faced a student housing market with significant variations, according to Yardi Matrix's national student housing report.
Preleasing for the 200 schools, Yardi's monitors were 5% behind the 94.6% occupancy level scored in July 2023, only reaching 89.2% this year. But 41 schools beat their 2023 levels, including 18 that had occupancy below 90% last year.
Even though student housing performance was weaker than previous highs, Yardi said it remained strong and more robust than historical norms.
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