Multifamily rents in the U.S. dropped by $2 in June to $1,457, following a four-month trend of declining rents, according to Yardi Matrix’s June 2020 National Multifamily Report. Since January, average multifamily rents have decreased by $12.
Source: Inman News
Multifamily rents fell year-over-year for first time in a decade
Published in Analysis, austin, california, CARES Act, construction, Data, denver, furlough, inland empire, layoffs, los angeles, manhattan, Markets & Economy, multifamily rents, occupancy rates, phoenix, Reno, rent growth, Rentals, renters, sacramento, san francisco, san jose, seattle, washington d.c., Wilmington and Yardi Matrix
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