The multifamily rental market is starting to reflect the introduction of fall, cooling off but still growing. According to the Yardi Matrix Monthly report, which is a monthly measurement of 120 U.S. markets, August marked the eighth consecutive month of record rent prices.
- Yardi reported national average rent prices increased 5 percent in August compared with the same month last year.
- The Washington D.C. rental occupancy rate remained stable, sitting at 96.2 percent in July.
- By the end of 2016, rent growth in D.C. is expected to be 1.2 percent.
Let's make 2018 your breakout year!
Join real estate's best to unlock growth at Connect SF, July 17-20, 2018