Yardi Says Multifamily Rent Growth Slows, But Still Strong


According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rents dropped $1 to $1,718 in August, marking the first month-over month decline since June 2020. Click here to read more.

Yardi says multifamily rents finally hit a wall in August, presaging a deceleration that may extend through the second half of 2022.  Indeed…

“Despite the flattening rent growth, much about the market remains positive. Year-to-date rent growth is still higher than any previous year aside from 2021, and occupancy rates have been above 96% for the past 14 months.”

Click here to read the full report at Yardi.

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  • Hamza Ashfaq
    published this page in Updates 2022-09-24 03:06:33 -0600