November 27, 2024
Matrix Multifamily WashingtonDC Report-November 2024
D.C. Stays on Track
Washington, D.C.’s advertised asking rents increased 0.1 percent on a T3 basis through September to $2,216. As of August, the metro’s occupancy rate in stabilized properties rose to 95.5 percent, 70 bps above the national rate, despite pressure from the metro’s 31,000 units underway.
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