Effective immediately, our office will be open for drop-in visits Monday through Thursday. Staff will still work remotely on Friday. As always, staff is available by phone and e-mail. Please check our website at www.greatercaa.org for timely updates to COVID protocols implemented by our Association concerning upcoming education classes, meetings and events.

 

Negative Rent Growth Year-Over-Year for First Time Since 2010

News ,


The pandemic is impacting rents now and negative rent growth year-over-year is showing up in statistics across the country for the first time since 2010, according to Yardi Matrix.

National rents declined by $2 in June, falling to $1,457, Yardi Matrix reported in the June National Multifamily Report. “Since January, U.S. multifamily average rents have declined by $12. A few months ago…Read more.