by Luke Garrott | Jan 30, 2020 | Developments, Great Salt Lake, Salt Lake City, Under Construction
After a raucous 2018 for rent hikes in Utah cities, 2019 brought stabilization and less pain for renters in most locales. While cost-of-living increase for 2019 was 2.8%, rent ticked up less than that in most (60%) of Utah cities included in our data set. Is this a...
by Isaac Riddle | Apr 2, 2018 | Developments, Jordan Meadows, Proposed, Salt Lake City
Salt Lake City, like the most of America’s largest cities, is facing a growing rent crisis as housing prices to continue to rise faster than incomes. Salt Lake City leaders are hoping to close that gap with funds from its Redevelopment Agency (RDA) that will go...
by Isaac Riddle | Feb 5, 2018 | Central City, Depot District, Downtown, Salt Lake City, Sugar House
At this point, reporting that rents in Salt Lake City continue climbing feels a bit repetitive. As has become the standard for the past four years, rents in Salt Lake City are still rising, but there are signs that rent growths could start to stabilize a bit as the...
by Isaac Riddle | Oct 11, 2017 | Salt Lake City
Despite unprecedented growth in Salt Lake City’s multifamily market, demand for housing still surpasses the supply. The growing stress on the housing market is increasing the City Council’s sense of urgency as the council dedicated most of Tuesday’s...
by Isaac Riddle | May 11, 2017 | Greater Salt Lake, Salt Lake City, West Jordan, West Valley City
Building Salt Lake reported last week above average rising rents in the Salt Lake housing market, but the authors of a new multifamily housing report by real estate research firm, Yardi Matrix, reveal just how significant rental growth in Salt Lake is compared to...
