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Supply Hinders Rent GrowthAverage rents contracted for the seventh consecutive month, down 0.7 percent on a T3 basis through January, to $1,623. Austin’s rental inventory increase ranked second highest in the nation over the past decade, but and the massive deliveries have impacted rent growth.
Average rents contracted for the seventh consecutive month, down 0.7 percent on a T3 basis through January, to $1,623. Austin’s rental inventory increase ranked second highest in the nation over the past decade, but and the massive deliveries have impacted rent growth.
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