09 Jun Demand And Rent Growth Continue to Increase Nationwide

Data Courtesy of Yardi Matrix, source link here. The average US multifamily asking rent rose $19 in May to reach $1,680, an all-time high. Rent growth rose 10% over the last year in 26 of the top 30 metros. Despite the questioning of our decelerating economy and rising gas prices, the multifamily rents have continued to surge (3% over the past...