Austin\u2019s fundamentals remained under pressure, even as rents regained some momentum during the leasing season, according to the latest Yardi Matrix Austin multifamily market report. Advertised asking rents rose 0.4%, on a trailing three-month basis through May to $1,508, slightly ahead of the 0.3% U.S. increase to $1,767. Meanwhile, the metro\u2019s year-over-year rates were down 3.7% , while the national average rose 0.2%, as\u00a0reported in the U.S. multifamily report<\/strong><\/a>. The occupancy rate in stabilized properties fell 90 basis points year-over-year, to 91.8% in April.<\/p>\n