According to the latest Yardi Matrix, U.S. multifamily rents were flat in December coming in at $1,359, ending the year up 2.5%. That figure represents the smallest annual increase since 2010 which saw a decrease of 0.4%.
“The question for 2018 is how much more steam is left in the market, whether the deceleration will continue or if it will level off or turn negative. Our view is that growth will continue at roughly the same rate nationally, led by strong demand.”
Click here to read the full report at YardiMatrix.com.