Apartments.com releases multifamily rent growth report for third quarter of 2024

Washington--(business wire)--today, apartments.com – an online marketplace of costar group, inc. (“costar”) – published an in-depth report of multifamily rent trends for the third quarter of 2024. the u.s. multifamily market continued a strong rebound in demand during the third quarter of 2024, with 176,000 units absorbed, the highest number since the third quarter of 2021. this demand was just short of the 178,000 new units delivered in the last quarter, resulting in the smallest supply-demand.
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