Multifamily Rentals Continue Slide in May
By Patrick Smith In what is normally considered prime leasing season, rents declined nationally by .3% month over month, with the largest drops in gateway markets, according to Yardi Matrix. In what is normally considered prime leasing season, rents declined nationally by .3% month over month, with the largest drops in gateway markets that were the first to implement pandemic- inspired lockdowns, according to a report released by commercial real estate data and research company Yardi Matrix. Read More..