BY BRAD BECKETT ON MAY 16, 2022
According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rents in April increased $15 to an all-time high of $1,659 (up 14.3% year-over-year). Click here to read more.
Yardi rhetorically asks, is there a slowdown in market rents? Not yet, they say. Indeed…
“Certainly, deceleration will happen, and there are warning signs on the horizon. The U.S. economy unexpectedly contracted by 1.4% in the first quarter of 2022, owing to issues that include surging inflation, ongoing supply-chain issues, shrinking business inventories, and the omicron outbreak in January…”