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Multifamily rents slide under weight of supply glut Multifamily rents faltered in September, posting their weakest showing for the month in more than a decade. A flood of new supply and a cooling economy weighed on performance, especially in Sun Belt metros, while coastal cities like New York and San Francisco posted solid gains.
Multifamily rents faltered in September, posting their weakest showing for the month in more than a decade. A flood of new supply and a cooling economy weighed on performance, especially in Sun Belt metros, while coastal cities like New York and San Francisco posted solid gains.
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