Multifamily rents aren’t seeing a slowdown yet, according to the latest Yardi Matrix Multifamily Report. The average U.S. asking rate rose $15 in April—$30 over the past two months and $50 year to date—to an all-time high of $1,659. Year-over-year growth, which moderated by 50 basis points, still remains high at 14.3%.
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