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Chase for Renters Is On in Washington and Baltimore Hot Spots

High-End Development Has Not Drained Either Demand Pool
By Chris LeBarton , Michael Cobb
CoStar Analytics
June 22, 2023 | 6:59 P.M.

Thousands of new apartments are opening across the greater Washington, D.C.-Baltimore region, and the majority are within the two cities’ most recently developed districts. But despite growing affordability concerns, and more renter mobility given hybrid-work adoption, data shows the demand is still there for more development in these areas.

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