Completions of new apartment builds have slowed this year, and so have annual rent gains, according to the August Yardi Matrix report, issued Thursday. Multifamily operators eked out an average $1 increase in rents this month, bringing the national average across 121 markets to $1,352 and maintaining a streak of monthly rent gains during 2017.
Read more...Apartment Completions Shift Downward | GlobeSt.com
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