Multifamily Performance Stumbles In Q1 Amid Moderate Leasing Activity, Stalling Rent Growth

The U.S. apartment market’s performance stumbled during Q1, with occupancy sliding to 94.5% in March, down from 95% a year earlier, according to data by real estate tech and analytics firm RealPage.

Rent growth cooled as well, coming in at a 2.3% increase year over year, the company said. That is the slowest pace of increase since the market started its long run of prosperity in 2010...

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RSK: I don`t think will come as much of a surprise to people in the business....we all knew it was coming.