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Multifamily Rents Drop Amid Supply Surge Multifamily rents declined in September due to softening demand and an increased housing supply in Sun Belt and Western markets. Still, the sector remains robust overall, thanks to strong job growth and household formation, despite challenges that include rising energy costs and higher interest rates.
Multifamily rents declined in September due to softening demand and an increased housing supply in Sun Belt and Western markets. Still, the sector remains robust overall, thanks to strong job growth and household formation, despite challenges that include rising energy costs and higher interest rates.
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