Why 2024 Will Be Challenging for Multifamily Market

As we prepare to reset ahead of the new year, there are indicators that 2024 may not be the clean break from 2023 many are hoping for. The latest Multifamily Rent Report from Yardi® Matrix found that (as of November 2023), rent growth declined 0.4% year-over-year, after a period of tremendous growth in 2021-2022 (a…

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