Yardi Says Multifamily Market Continues to Show Strength
According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rents in April increased $ 10 to $ 1,417. In addition, Yardi says multifamily rents had the largest increase that they have seen since the beginning of the pandemic. Indeed…
“Nationally, the multifamily market continues to strengthen, with record-breaking year-over-year growth in April. All top 30 markets had positive month-over-month rent growth last month, the first time that has occurred since March 2020. But the real sign of recovery was the improved performance in many gateway markets.”
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