Yardi Says Multifamily Performance Remains Strong
According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rents in July increased $ 10 to another all-time high of $ 1,717 (up 12.6% year-over-year). However, while Yardi says performance remains strong, economic growth is slowing, and consumer confidence is waning. Indeed…
“The moderating rent growth may be a product of an inevitable return to the mean, coincidental to the suddenly slowing economy, or some combination of the two.”
Click here to read the full report at Yardimatrix.com.
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