Zillow, Seattle, released a new analysis finding that the typical U.S. asking rent was $1,910 in March. That’s up 1.8% year-over-year, but marks the slowest pace of growth since 2020.
Tag: Multifamily Rent Growth
Yardi Matrix Anticipates Minimal Rent Growth for Second Half of Year
Yardi Matrix, Santa Barbara, Calif., released its U.S. Multifamily Outlook for Summer 2024, finding that while multifamily performance continues to be strong, rent growth is likely to remain slow through the rest of the year.
CBRE: Multifamily Rent Growth Slows in Q3
CBRE, Dallas, found that average multifamily rent growth slowed to 0.7% year-over-year in the third quarter amid an influx of deliveries of new units.