August 21, 2024
Matrix Multifamily Charlotte Report-August 2024
Charlotte Faces Robust Deliveries
Charlotte’s advertised asking rents were up 0.1 percent on a T3 basis through June, below the national average of 0.3 percent, as higher-than-average new deliveries and another 35,000 units underway put pressure on the market. However, the metro’s occupancy remained a respectable 93.6% as of May.
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