Rents Rise and Growth Rate Slows in May, According to Yardi Matrix
Rent deceleration is not surprising due to increased supply but raises long-term questions SANTA BARBARA, Calif., June 3, 2017 – Average U.S. multifamily rents rose $4 in May to $1,316, according to a survey of 121 markets by Yardi® Matrix. While this represented a 1.5% increase on a year-over-year basis and the third consecutive month […]