Multifamily Rents Continue Positive Momentum
MULTIFAMILY RENT GROWTH REMAINS A GOOD BET ■ The average U.S. multifamily rent increased by $3 in July to $1,469. Year-over-year growth increased to 3.4%, up 10 basis points from June. Rent growth has remained at the 3.0% level or higher all year. ■ In this prolonged...