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Albuquerque Leads Rent Growth
Rent growth in Albuquerque posted the highest YoY rate in July, up 5.8 percent, outperforming the U.S. by 420 bps. At $1,327, the average rent remained well behind the $1,729 national rate. Occupancy slid just 10 bps YoY, to 95.5 percent in June.
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