Twin Cities fundamentals remained healthy, with rent growth outpacing the U.S. and occupancy holding steady, as per the latest Twin Cities multifamily market report. Advertised asking rents rose 2.5% year-over-year, to $1,621 in March, well above the 0.1% U.S. increase to $1,750, according to the national multifamily market report<\/strong><\/a>. As of March, Minneapolis\u2013St. Paul ranked fourth for yearly rent growth among Yardi Matrix\u2019s top 30 markets. Occupancy in stabilized assets saw a 10-basis-point downtick over 12 months, to 95.2% in February.<\/p>\n