Good News for Apartment Investors

Year-over-year multifamily rent growth was up by double digits in nine of 30 U.S. markets. Metro areas that posted the largest year-over-year increases in rents are all Sunbelt metros that are also experiencing the biggest population growth. Asking rents for non-leased apartments grew 6.3% from June 2020 to June 2021. Nashville saw a 7.7% climb. Click to take a look at the article and study produced by commercial real estate data company Yardi Matrix.

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