If business strategy has included depending on rent rate increases in multifamily, then the Apartment List National Rent Report for February 2022 is something to consider for a potential corrective course.
Year-over-year, apartment growth has been a record, according to the firm, standing at 17.8%. However, the bulk of that occurred earlier in 2021. Over the past four months, rents grew by a collective total of 0.9%. Month-over-month growth in the period was about 0.2%.
Read more...Multifamily Rent Growth Continues to Cool via GlobeSt
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