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Supply Overburdens Austin Rents Sustained supply growth since the pandemic began is keeping rents down. The advertised asking rate dropped 5.8 percent YoY in May to $1,620, while the national average increased 60 bps to $1,733.
Sustained supply growth since the pandemic began is keeping rents down. The advertised asking rate dropped 5.8 percent YoY in May to $1,620, while the national average increased 60 bps to $1,733.
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