The U.S. apartment market’s performance stumbled during the first quarter of 2018. Occupancy backtracked to 94.5 percent in March, down from 95 percent a year earlier, according to real estate technology and analytics firm RealPage, Inc. (NASDAQ:RP). Annual rent growth cooled to 2.3 percent, the slowest pace of increase since the third quarter of 2010.
Read more...RealPage® Reports Cooling in U.S. Apartment Market Performance During the First Quarter’s Slow Leasing Period - News