After decelerating for more than a year, US multifamily rents stepped on the gas in June, according to Yardi Matrix’s latest monthly survey of 121 US metro areas. Rents nationwide were up by an average of $12 last month, marking the biggest monthly increase in several years and the first time since January 2016 in which the rate of year-over-year growth increased from the prior month.
Read more...Apt. Rent Growth Breaks Slowdown Streak | GlobeSt.com
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