What goes up comes down in this study with Albuquerque a prime example of how quickly a market changes.
By Barbara Ballinger |April 19, 2023 at 05:17 PM
If you’ve been dismayed by this year’s apartment rent growth trajectory, brace yourself for 2024. Next year, multifamily rent growth will clock in at 0.8%, according to a new forecast by Markerr, compared to this year’s relatively robust 4%.
The 2024 prediction marks the lowest rent growth since 2020, or shortly after the pandemic began.
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