According to the latest Yardi Matrix Multifamily Report, the average rent for multifamily properties in the United States was $1,722 in September 2023. Despite challenges such as rising energy costs and higher interest rates, the market remains strong overall due to strong job growth and household formation. However, there are concerns about the potential impact of a slowing economy on the multifamily industry. For more information, you can read the full report on Yardi’s website. The post “Yardi Says Multifamily Remains Robust Despite Challenges” can be found on the Real Estate Investing Today website.
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