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Multifamily Rent Growth Slow to Decelerate Weakening U.S. economic growth has not stopped multifamily rents in their upward climb, as average asking rents rose $15 in April to an all-time high. The rate of growth remains elevated due to strong demand and a long-term shortage of housing that analysts estimate is between 2 million and 5 million units.
Weakening U.S. economic growth has not stopped multifamily rents in their upward climb, as average asking rents rose $15 in April to an all-time high. The rate of growth remains elevated due to strong demand and a long-term shortage of housing that analysts estimate is between 2 million and 5 million units.
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