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Yardi Says Multifamily Remains Stable, Despite Some Softening

According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rent was $1,726 in June (up $7). Yardi says year-over-year growth continued its downward slide, and is now 1.8% nationally, down 70 basis points from May – the lowest since 2011 (outside of the pandemic year). Yardi says multifamily demand remains steady but rent growth is slowing. Continue reading HERE...

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