According to the latest Yardi Matrix, U.S. multifamily rent growth inched upward in October, with the average rent coming in at $1,476, which they say is an all-time high. In addition, they report year-over-year rent growth remained at 3.2%. Yardi says that “although subject to some seasonality by metro, the multifamily market continues to consistently produce strong rent growth.”
Click here to read the full report at YardiMatrix.com.
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