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Yardi Says Multifamily Outlook Strong Despite Rent Deceleration

Yardi Says Multifamily Outlook Strong Despite Rent Deceleration According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rents in October increased $ 4 to $ 1,590 (13.5% year-over-year).  Encouragingly, Yardi says the market remains healthy.  Indeed… “…While November’s rent performance represents a significant deceleration from the $ 20-plus increases per month of

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Construction Spending Remains Strong

Construction Spending Remains Strong The U.S. government is reporting that total construction spending in August was at a seasonally adjusted annual rate of $ 1,584.1 billion, which is virtually the same as  July’s revised estimate.  However, August’s figure is 8.9% higher than one year ago.  Residential construction was at a seasonally adjusted annual rate of

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