Self Storage National Outlook - Spring 2025, Mar 6, 2025 at 10AM PDT
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Asking Rent Growth Breaks Records Nationwide
National asking rents increased by 10.3% in August, the first double-digit increase in the history of our data set, as nearly all the metros Yardi Matrix tracks exhibited positive YoY rent growth in August. The recovery in rents is widespread, fueled by job growth, excess savings and a return to urban cores.
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