Multifamily rent growth across the country cools in q2

Washington--(business wire)--today, costar group released the findings from its second quarter report on rent growth in the united states. according to the nationwide study, while demand is up 9.2% year over year, this figure is down from 11.4% at the end of the first quarter. these findings mark a continued downward trend in rent growth, with this now being the third quarter in a row of diminishing demand. the report also found that the vacancy rate is up 10 basis points, rising to 5% national
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