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2020-06-22 Yardi Says Rent Growth Trending Down | By: Brad Beckett
Yardi Says Rent Growth Trending Down
BY BRAD BECKETT ON JUNE 22, 2020 

According to the latest Yardi Matrix Multifamily Report, the average U.S. rent in May was $1,460, down $5 from April.  In addition, they point out that rents increased 0.8% year-over-year but were down $5 from April and $13 from March.  Yardi says this rapid decline will likely continue through the summer.   

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