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Home / Inside Tract / U.S. Self Storage Street Rates Lag on Elevated Supply, Yardi Matrix Reports (access required)

U.S. Self Storage Street Rates Lag on Elevated Supply, Yardi Matrix Reports (access required)

New deliveries continue to weigh on street rates in almost all U.S. self storage markets, according to a new report from Yardi® Matrix. New ground-up projects plus conversions and expansions produced a 2.5% year-over-year decline in street rates for standard 10x10 non-climate controlled units in September 2019. Rates fell in about 85% of the top markets ...

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