Asking Rents Down 1.2% Year-over-year
Calculated Risk Real Estate
AUGUST 31, 2023
For example, the sharp increase in rents helped me deduce that there was a surge in household formation in 2021 (See from September 2021: Household Formation Drives Housing Demand ). Additionally, with a record number of apartments under construction, we expect vacancies to remain strong in the coming months. percent to 3.9
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