Richmond\u2019s multifamily market remained on a relative steady track amid wider economic uncertainty, according to the latest Yardi Matrix Richmond multifamily market report. Average advertised asking rent growth softened to 0.2%, on a trailing three-month basis through August, to an average of $1,592, while the U.S. figure was up 0.1%, to $1,755. Year-over-year, rents in the metro were up 2.2%, placing the metro relatively high nationally, with the U.S. average at 0.7%. Overall occupancy in stabilized assets remained above the national figure, at 95.2% as of July, showing a slight increase despite last year\u2019s strong supply expansion, as noted in the most recent U.S. multifamily market report<\/strong><\/a>.\u00a0<\/p>\n