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Headline: Multifamily Rent Growth Slows, But Still StrongU.S. multifamily performance remains strong. Despite a deceleration in rent growth, asking rents are up 12.6% year-over-year through July, as demand continues to exceed supply. The National Multifamily Housing Council estimates that the U.S. needs 4.3 million new units built through 2035 to meet demand.
U.S. multifamily performance remains strong. Despite a deceleration in rent growth, asking rents are up 12.6% year-over-year through July, as demand continues to exceed supply. The National Multifamily Housing Council estimates that the U.S. needs 4.3 million new units built through 2035 to meet demand.
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