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Multifamily Rent Growth Slows, Goes From a Leader to Underperformer

The High-Flying Markets of 2021 Hit a Wall of Supply
CoStar Analytics
July 7, 2023 | 12:45 P.M.

Multifamily rent growth in the United States is experiencing its largest retreat on record, with rents growing just 1.1% since the end of 2021 after hitting an all-time high of 10.7%.

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