The totals for new single-family build-to-rent homes delivered and under construction by the end of 2022 surged far ahead of the mid-year numbers that Yardi Matrix, RentCafe’s parent company, recorded last August.
Eleven of the nation’s major metros saw surges in new BTR home construction in the past five years, ranging from 100% to 700%. Charlotte, North Carolina, and Atlanta saw the steepest jumps, up from a few hundred five years ago to more than 1,300 and 1,800, respectively.
