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After showing resiliency in recent years, the U.S. apartment market saw the return of mild annual rent cuts in August as occupancy softened.U.S. apartment occupancy eased a bit to 95.4% in August, according to data from RealPage Market Analytics. That was down 10 basis points (bps) from the July showing but still matched the market’s five-year average. Year-over-year, occupancy was up 130 bps... RSK: Although most areas have negative rent growth, the Midwest has a moderate increase, as does major metro areas in that region and the coasts. | ||
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