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Construction Delays Flatten Rent Growth, Says Yardi Matrix Report for August

Overall strong multifamily fundamentals keep average rents rising, but fewer units are delivered SANTA BARBARA, Calif., Aug. 31, 2017 – Delays in building new multifamily housing led to a flat August for U.S. rents. The national average rose $1 from July’s figure to $1,352, according to a survey of 121 markets by Yardi Matrix. Rents […]