Kansas City fundamentals were predominantly positive at the start of summer, as asking rent gains outperformed despite softer occupancy, according to the latest Kansas City multifamily market report. Average advertised asking rents rose 0.5%, on a trailing three-month basis, to $1,383, ahead of the U.S. increase of 0.2% to $1,763. Year-over-year, area rents advanced 2.4%, the fourth-highest rate among the top 30 U.S. markets and well above the 0.2% national average, as per the latest U.S. <\/strong><\/a>multifamily market report<\/a>.<\/strong> Meanwhile, occupancy in stabilized assets fell 90 basis points over 12 months, to 93.9% in June.<\/p>\n\n\n