Thursday, September 15, 2022

Multifamily Rent Growth Stalls in August via Multifamily Executive Magazine

National average asking rents stopped growing last month, according to the latest Yardi Matrix Multifamily Report. The average U.S. asking rent decreased by $1 in August—the first month-over-month decline since June 2020—to $1,718. For the second month in a row, year-over-year growth slid more than a full percentage point to 10.9%.

Read more...Multifamily Rent Growth Stalls in August via Multifamily Executive Magazine

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