As of June, Detroit average advertised asking rents were up 0.4%, on a trailing three-month basis, to $1,363, according to the latest Yardi Matrix Detroit multifamily market report. The market posted slow but steady Midwestern growth, outperforming the nation\u2019s 0.2% increase to $1,763. The divide was wider on an annual basis, as the U.S. average improved 0.2% year-over-year, while Detroit\u2019s figure climbed 1.6%. This established the metro as a top performer, placing it sixth among Yardi Matrix\u2019s top 30 metros. The market\u2019s occupancy rate in stabilized assets was 94.4% as of June. Once again, the metro surpassed the national figure, which stood at 94.1%, as per the U.S. multifamily market outlook<\/strong><\/a>.<\/p>\n\n\n