Glut of new supply drags down BTR and multifamily rental rates in the Sun Belt
Rents for both multifamily and single-family built-to-rent units moved sideways over the last year. Still, rents in most major Sun Belt markets are down annually due to a glut of new housing, according to the latest Yardi Matrix National Multifamily Report. Meanwhile, rental growth is typically the strongest in the Midwest, Northeast, and California. This […]
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