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Preleasing, Rent Growth Inch Toward Finish Surveyed preleasing for the Yardi 200 reached 92.9% in August 2024, 20 basis points ahead of August 2023, as many markets welcomed student tenants back during the month. Rent growth slipped to 4%, as properties strove to fill up late in the leasing season, but has averaged 5.8% since October 2023.
Surveyed preleasing for the Yardi 200 reached 92.9% in August 2024, 20 basis points ahead of August 2023, as many markets welcomed student tenants back during the month. Rent growth slipped to 4%, as properties strove to fill up late in the leasing season, but has averaged 5.8% since October 2023.
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