Los Angeles rent growth slowing for lifestyle renters, says Yardi

  • Yardi reports annual rent growth at 4.7 percent nationally in September, falling for the first time since last November.
  • Rent growth in Los Angeles is expected to hit 7.1 percent by the end of 2016.

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For renters, a slowdown in the market’s growth is a welcome trend. While the drop was hardly noticeable, September saw its first monthly dip since November 2015 to $1,219, down just one dollar from August.