Annual apartment rent growth fell for the fifth consecutive quarter in Durham, North Carolina, as multifamily owners continue to be forced to bring down prices to remain competitive in what has become an oversaturated market.
Wave of new units forces Durham apartment owners to offer better deals
Rents in North Carolina city fall as national rates continue rising
CoStar Analytics
September 3, 2024 | 7:38 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In