Radix

Name: Radix
Address: 7150 E Camelback Road Suite #333, Scottsdale, AZ, 85251, US
Telephone: +1 602-892-4788

the Truth in Data.

Radix is on a mission to change how the industry makes decisions by equipping teams with real-time data and visualization tools which produce reliable and insightful market trends. Radix has created a shared data ecosystem as the foundation for a software solution that helps multifamily users drive top-line revenue growth. With 7 million+ active units on the Radix platform, our ecosystem is one of the largest in the industry, which will allow us to build the best predictive and prescriptive platforms to further help our clients make better, faster decisions in times of rapid change.

09/30/2026

Demand has found its footing. Pricing is sending mixed signals.

For the week of September 27, occupancy eased to 94.48 percent, within 13 basis points of last year. Leasing held at 2.2 per property, with the annual gap unchanged at 0.4 for a second straight week.

Net effective rent slipped 0.2 percent on the week to $1,774, even as annual NER growth improved to 1.0 percent below last year, a fourth straight week of narrowing. That improvement is coming from an easier comparison base, not fresh pricing strength. RevPAU eased to $1,676.

The sharper signal sits under the national line. Of the 28 markets reporting rent data, only 7 posted positive annual rent growth, down from 10 a week ago. The spread ran 17.4 points, from 11.1 percent above last year in San Francisco to 6.3 percent below in Tampa.

U.S. Multifamily Stats for the week of September 27:
Occupancy: 94.48 percent
Annual NER growth: 1.0 percent below last year
RevPAU: $1,676 (1.2 percent below last year)

📖 Read the latest report: https://radix.com/raot-reports/steady-demand-mixed-pricing-signals/
🎧 Listen to the podcast: https://www.buzzsprout.com/2012562/episodes/19882856

09/23/2026

Rents improved for a third straight week, and the market split wider.

For the week of September 20, occupancy held at 94.53 percent, within 10 basis points of last year. Leasing settled at 2.2 per property, unchanged on the week.

Net effective rent rose to $1,775, with annual NER growth improving to 1.1 percent below last year, a third straight week of narrowing. RevPAU rose to $1,678 (1.2 percent below last year).

The national number hides most of it. Across the 28 markets we track, annual rent growth spanned 18.2 points, from 10.6 percent above last year in San Francisco to 7.6 percent below in San Antonio. Ten were positive, 18 negative. Seven markets carried occupancy above last year while rents fell, which points to supply absorption rather than weakening demand.

U.S. Multifamily Stats for the week of September 20:
Occupancy: 94.53 percent
Annual NER growth: 1.1 percent below last year
RevPAU: $1,678 (1.2 percent below last year)

📖 Read the latest report: https://radix.com/raot-reports/rent-recovery-continues-as-market-performance-splits/
🎧 Listen to the podcast: https://www.buzzsprout.com/2012562/episodes/19848369

09/17/2026

The Revenue Gap Report: A multifamily property's value is only as accurate as the data behind it.

In our new Revenue Gap Report, one Seattle-area property illustrates why.

Scraped data suggested a nearly full building generating more than $1.1M in monthly revenue. System of Record data showed a different reality: lower occupancy, substantial concessions, and approximately $338K less revenue per month.

Capitalized at a standard NOI margin and cap rate, that's the difference between a $121.1M valuation and an $84.6M valuation.

The takeaway is bigger than one asset:

Nobody made a bad decision. They made a decision using incomplete data.

Over the coming weeks, we'll share the report's five key findings and what they mean for operators, investors, and the future of multifamily market intelligence.

📖 Read The Revenue Gap Report → https://radix.com/revenue-gap-report/

09/16/2026

Occupancy is holding level with last year, and rents closed their gap for a second straight week.

For the week of September 13, occupancy was 94.56 percent, within 9 basis points of last year. Leasing eased seasonally to 2.3 per property, against 2.5 a year ago.

Net effective rent rose to $1,781, with annual NER growth improving to 1.2 percent below last year from 1.5 percent. RevPAU held at $1,684, narrowing to 1.3 percent from 1.6 percent.

The national average hides most of the story. Across the 28 markets we track, annual rent growth spanned 16.5 points, from 9.6 percent above last year in San Francisco to 6.9 percent below in San Antonio. Phoenix shows occupancy up 72 basis points with rent down 5.3 percent. Boston is up 5.1 percent on rent with leasing running ahead of last year.

U.S. Multifamily Stats for the week of September 13:
Occupancy: 94.56 percent
Annual NER growth: 1.2 percent below last year
RevPAU: $1,684 (1.3 percent below last year)

📖 Read the latest report: https://radix.com/raot-reports/occupancy-stabilizes-rent-performance-improves/

🎧 Listen to the podcast: https://www.buzzsprout.com/2012562/episodes/19811180

09/08/2026

Demand held level with last year for a second straight week, and the rent gap kept closing.

For the week of September 6, properties averaged 2.5 new leases signed, down 0.2 on the seasonal slowdown but matching last year's pace for a second week. Occupancy edged up to 94.54 percent, within 11 basis points of last year, from 16 the week before.

Net effective rent held at $1,773, with annual NER growth improving to 1.5 percent below last year from 1.7 percent. RevPAU held at $1,676, its annual gap narrowing to 1.6 percent from 1.9 percent.

Detroit was strong on both sides, pairing 4.5 percent annual rent growth with 96.09 percent occupancy. Las Vegas ran behind on both, 5.7 percent below on rent with occupancy off 23 basis points.

U.S. Multifamily Stats for the week of September 6:
Occupancy: 94.54 percent
Annual NER growth: 1.5 percent below last year
RevPAU: $1,676 (1.6 percent below last year)

📖 Read the latest report: https://radix.com/raot-reports/demand-and-occupancy-hold-firm-as-pricing-gradually-improves/

🎧 Listen to the podcast: https://www.buzzsprout.com/2012562/episodes/19739363

09/02/2026

Demand has fully recovered to last year's pace, and occupancy is close behind.

For the week of August 30, properties averaged 2.7 new leases signed, matching the year-ago pace exactly after running below it much of the year. Occupancy held steady at 94.53 percent, within 16 basis points of last year, and leased occupancy at 97.09 percent, within 17. Both gaps have narrowed sharply over the past two weeks.

Net effective rent rose 0.2 percent to $1,773, with annual NER growth at 1.7 percent below last year. RevPAU rose to $1,676 (1.9 percent below last year). Pricing is the last piece still to turn.

The coastal-to-Sun Belt split held: San Francisco led at 9.1 percent above last year on NER, while Denver, Phoenix, and Las Vegas all sat between 4.6 and 5.7 percent below.

U.S. Multifamily Stats for the week of August 30:
Occupancy: 94.53 percent
Annual NER growth: 1.7 percent below last year
RevPAU: $1,676 (1.9 percent below last year)

📖 Read the latest report: https://radix.com/raot-reports/demand-fully-recovers-as-occupancy-nears-year-ago-levels/
🎧 Listen to the podcast: https://www.buzzsprout.com/2012562/episodes/19739363

08/25/2026

Leasing has nearly pulled even with last year's pace.

For the week of August 23, properties averaged 2.6 new leases signed, matching the prior week and narrowing the annual gap to just 0.2 leases per property. Occupancy stabilized at 94.44 percent, up 10 basis points on the week after the prior week's decline, though still 26 basis points below a year ago.

Net effective rent edged up 0.1 percent to $1,769, with annual NER growth at 1.7 percent below last year. RevPAU rose to $1,670 (2.0 percent below last year). Demand is carrying the market while pricing stays flat.

The coastal-to-Sun Belt split held: San Francisco led at 10.7 percent above last year on NER, while Dallas and Denver both sat roughly 6 percent below.

U.S. Multifamily Stats for the week of August 23:
Occupancy: 94.44 percent
Annual NER growth: 1.7 percent below last year
RevPAU: $1,670 (2.0 percent below last year)

📖 Read the latest report: https://radix.com/raot-reports/demand-holds-strong-as-occupancy-stabilizes/
🎧 Listen to the podcast: https://www.buzzsprout.com/2012562/episodes/19701660

08/21/2026

Leasing hit its strongest pace of the summer while occupancy softened broadly. For the week of August 16, that split reads as seasonal turnover.
Occupancy fell 46 basis points to 94.36%, back below last year after four weeks above, even as leasing rose to 2.6 per property. Pricing held, with NER at $1,767 (1.6% below last year), while RevPAU eased to $1,668 (1.9% below last year). Detroit led at 4.5% above last year, Denver stayed pressured at 5.6% below.

U.S. Multifamily Stats for the week of August 16:
📊 Occupancy: 94.36% (down 46 basis points on the week)
📉 Annual NER growth: 1.6% below last year
💰 RevPAU: $1,668 (1.9% below last year)
🏠 Leases per week: 2.6 (strongest of the summer)

📖 Read the latest report: https://radix.com/raot-reports/leasing-holds-firm-while-occupancy-softens/
🎧 Listen to the podcast: https://www.buzzsprout.com/2012562/episodes/19681008

08/13/2026

Leasing is carrying the momentum while pricing consolidates. That's the story for the week of August 9.

New leasing reached its firmest pace of the stretch at 2.4 leases per property, a second straight weekly gain and a genuine demand signal as peak summer winds down. Occupancy held at 94.83%, still just ahead of last year for a fourth straight week. Pricing eased slightly on the annual comparison, with NER at $1,772 widening to 1.6% below last year and RevPAU at $1,680 at 1.5% below.

The coastal-to-Sun Belt split held: Boston led qualifying markets with NER up 5.1% year over year on tight high-end supply, while Phoenix stayed pressured at 5.6% below last year, occupancy climbing nearly a full point as the Southwest keeps absorbing new supply.

U.S. Multifamily Stats for the week of August 9:
📊 Occupancy: 94.83% (up 9 bps year over year)
📉 Annual NER growth: 1.6% below last year
💰 RevPAU: $1,680 (1.5% below last year)
🏠 Leases per week: 2.4 (firmest of the stretch)

📖 Read the latest report: https://radix.com/raot-reports/leasing-firms-to-a-stretch-high-as-fundamentals-hold/
🎧 Listen to the podcast: https://www.buzzsprout.com/2012562/episodes/19643449

08/06/2026

Occupancy held above last year for a third straight week, this time with rents and leasing picking up too. For the week of August 2, occupancy reached 94.86 percent, up 4 basis points on the week and 16 above a year ago. Leasing rose to 2.3 per property, its strongest pace this stretch, a healthier mix than retention alone.

Net effective rent rose to $1,766, with annual NER growth improving to 1.4 percent below last year, up from 1.9 percent. RevPAU rose to $1,675 (1.3 percent below last year), its best comparison in weeks.

The coastal-to-Sun Belt split held: San Francisco led at 9.9 percent above last year on NER, while Denver, Las Vegas, and Phoenix all sat between roughly 4.8 and 5.4 percent below.

U.S. Multifamily Stats for the week of August 2:
Occupancy: 94.86 percent
Annual NER growth: 1.4 percent below last year
RevPAU: $1,675 (1.3 percent below last year)

📖 Read the latest report: https://radix.com/raot-reports/rents-resume-firming-as-leasing-hits-its-best-pace/
🎧 Listen to the podcast: https://www.buzzsprout.com/2012562/episodes/19610395

Address

7150 E Camelback Road Suite #333
Scottsdale, AZ
85251

Telephone

+1 602-892-4788

Website

https://bit.ly/m/radix

Alerts

Be the first to know and let us send you an email when Radix posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Radix: