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Metro East REIA

Yardi Says Supply Growth Pushes Multifamily Rents Down

According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rent was $1,718 in October, 2023. Yardi says demand for apartments remains robust, and is in line with the surprisingly strong economy and with homeownership increasingly out of reach as mortgage rates soar. Continue reading HERE...

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