The apartment rent picture reflects strength, but …
Source: www.cpexecutive.com
U.S. multifamily rent growth remains strong, with average nationwide rents rising by $7 in August to a record-high $1,162, according to the August edition of Matrix Monthly, a report on U.S. multifamily market trends from Yardi that was released Monday. The increase matched the 6.5 percent year-over-year increase in July.