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Yardi Says Rent Growth is Likely to Decelerate

According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rents in March increased $14 to an all-time high of $1,642 (up 14.8% year-over-year). Yardi says while demand is expected to remain healthy, rent growth is likely to decelerate as concerns grow about the economy. Continue reading HERE...

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Existing-Home Sales Up 3.1% in January

The National Association of Realtors is reporting that existing home sales were up 3.1% in January to a seasonally-adjusted annual rate of 4 million (down 1.7% year over year). Total housing inventor

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