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Austin’s New Normal Takes Center StageDespite robust inventory expansion, rent growth picked up in Austin, increasing 0.8% on a trailing three-month basis through May to $1,411. The employment market posted a 2.8% contraction in the 12 months ending in March, well above the -6.9% national rate.
Despite robust inventory expansion, rent growth picked up in Austin, increasing 0.8% on a trailing three-month basis through May to $1,411. The employment market posted a 2.8% contraction in the 12 months ending in March, well above the -6.9% national rate.
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