Sacramento multifamily fundamentals displayed a spring pickup, primarily in asking rents, but year-over-year performance remained in the red, according to the latest Yardi Matrix Sacramento multifamily market report. Average advertised asking rents rose 0.4%, on a trailing three-month basis through May, to $1,961, but declined 0.5% year-over-year. Meanwhile, the U.S. average rose 0.2%, to $1,767, as per the national multifamily market report<\/strong><\/a>. Sacramento\u2019s occupancy rate in stabilized assets slid 40 basis points year-over-year, to 94.8% as of April.<\/p>\n