Yardi Says Multifamily Rent Growth Inched Upward in October

BY  ON NOVEMBER 18, 2019

According to the latest Yardi Matrix, U.S. multifamily rent growth inched upward in October, with the average rent coming in at $1,476, which they say is an all-time high.  In addition, they report year-over-year rent growth remained at 3.2%.  Yardi says that “although subject to some seasonality by metro, the multifamily market continues to consistently produce strong rent growth.”

Click here to read the full report at YardiMatrix.com.