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
More from AnalysisMore posts in Analysis »
- Blueprint launches new subscription research platform for commercial executives
- As homebuyers gain leverage, sellers get cold feet. Is it happening near you?
- Modest gains help agents see path to recovery: Client Pipeline Tracker
- Why Trump’s moves to control Fed could send mortgage rates higher
- US home prices see modest annual gains, but lag behind inflation
More from austinMore posts in austin »
More from californiaMore posts in california »
- Democrats seek transparency into Fannie, Freddie ‘reprivatization’
- How a government shutdown would affect real estate agents
- Why Flyhomes is quitting the real estate brokerage business
- A compliance expert quizzed ChatGPT. Here’s what it got wrong
- Better shares soar on bullish thesis by activist investor Eric Jackson
More from CARES ActMore posts in CARES Act »
More from constructionMore posts in construction »
More from DataMore posts in Data »
- Blueprint launches new subscription research platform for commercial executives
- As homebuyers gain leverage, sellers get cold feet. Is it happening near you?
- Modest gains help agents see path to recovery: Client Pipeline Tracker
- Why is Midwest real estate beating the rest of the country?
- US home prices see modest annual gains, but lag behind inflation
More from denverMore posts in denver »
- A bunch of big real estate teams are making big moves
- Appraisal bias suit against Rocket Mortgage, Solidifi moves forward
- As homebuyers gain leverage, sellers get cold feet. Is it happening near you?
- Here are the markets where homebuyers have the upper hand
- Compass scoops up Colorado brokerage in latest M&A play
More from furloughMore posts in furlough »
More from inland empireMore posts in inland empire »
- How to work with baby boomers, the X-factor in today’s housing market
- How to work with Gen X clients: A powerful (but overshadowed) force
- How to survive the future as Generation Z hits the real estate market
- How to talk to millennials as they take over the real estate world
- Metros with lower rent have been most resilient amid pandemic
More from layoffsMore posts in layoffs »
- Ally Financial’s exit from mortgage will impact Better, HouseCanary
- Flagstar shedding 1,900 workers, but many could land at Mr. Cooper
- Side debuts profit-sharing program, lays off staff members
- Redfin lays off nearly 100 Redfin Concierge service employees
- Offerpad confirms layoffs after ‘restructuring’ amid down market
More from los angelesMore posts in los angeles »
More from manhattanMore posts in manhattan »
- 5 Back to Basics luxury real estate trends for 2025
- Ryan Serhant and wife team up as SERHANT. becomes family firm
- Here’s how strategic homesellers can find success in a shifting market if they start planning early
- Why every real estate agent ought to care about urban design
- Luxury market ‘as strong as ever’ despite broader slowness
More from Markets & EconomyMore posts in Markets & Economy »
More from multifamily rentsMore posts in multifamily rents »
More from occupancy ratesMore posts in occupancy rates »
More from phoenixMore posts in phoenix »
- US home prices see modest annual gains, but lag behind inflation
- Homesellers are delisting their homes instead of dropping prices
- A tale of 2 housing markets as price declines spread to the West
- Will home sales rebound? Closely watched forecasts say, ‘Yes’
- Waning buyer activity pushes home price growth to 2-year low
More from RenoMore posts in Reno »
- Rental investing platform Mynd sees opportunity outside Sun Belt
- Branding, hiring, tech and culture: Navigating an expansion as a broker
- Corcoran Global Living adds 400 new associates across Southern California
- Top Reno, Tahoe brokerages partner to launch tech tool
- Engel & Völkers rolls out in 4 new markets amidst rapid expansion
More from rent growthMore posts in rent growth »
More from RentalsMore posts in Rentals »
More from rentersMore posts in renters »
More from sacramentoMore posts in sacramento »
- Insurance a top concern as experts predict higher premiums
- Homes are sitting longer and not just because of mortgage rates
- Condos are selling below list price as fees discourage buyers
- Former California indie brokerage Lyon rebrands to Windermere
- Buyers need an income that starts with a 3 to live in this pricey city
More from san franciscoMore posts in san francisco »
- Pacaso plans to launch ‘bespoke’ co-ownership mortgage in Q4
- Buyer’s market now in doubt as new listings tank 7.3%
- Pennymac takes a stake in Vesta, launches non-QM mortgages
- These 10 real estate markets have lost $233B in value since 2024
- New sales numbers are out. These 9 charts show what’s happening where you live
More from san joseMore posts in san jose »
More from seattleMore posts in seattle »
- The modern tech stack agents and brokerages need now: Streaming
- How the escrow process offers a chance to show your value: Step 7
- Why Flyhomes is quitting the real estate brokerage business
- Support buyers as they navigate the home inspection: Step 6
- Guiding homebuyers through the offer’s fine print: Step 5
More from washington d.c.More posts in washington d.c. »
More from WilmingtonMore posts in Wilmington »
- Q1 not so bad after all, nCino says in surprise sneak peek at earnings
- Investors surprised by nCino’s $18.6M Q4 loss, cautious guidance
- Hive MLS completes $500K data partnership with SourceRE
- NCino acquires integration partner Sandbox Banking for $52.5M
- Corcoran HM Properties acquires Property Shop International Realty
More from Yardi MatrixMore posts in Yardi Matrix »
Be First to Comment