August 21, 2024
Matrix Multifamily Inland Empire Report-August 2024
The Inland Empire’s Rental Rebound
The Inland Empire’s average advertised asking rents registered a comeback in the second quarter, up 0.4 percent on a T3 basis through June to $2,140. Occupancy in stabilized assets was down 50 bps YoY to 95 percent in May but remained above the national average.
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