December 25, 2024
Matrix Multifamily Orlando Report-December 2024
Orlando Rent Movement Goes Negative
Advertised asking rents in Orlando were down 0.5 percent on a T3 basis through October, to $1,767, 40 bps below the national rate. The metro’s supply pipeline represented 3.9 percent of existing stock, a 70-bps difference compared to the U.S. rate of completions, with high incoming inventory pressuring rents.
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