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Apartment Rents Trending Below Long-Term Average

Apt Rents Trending (1)

"Here's another way to view the rapid shift in rent momentum - measuring month-over-month rent change vs. the long-term average (since 2010) for each month.

Summary:
2021: Boom
1H 2022: Things are changing
2H 2022 - Early 2023: Cooldown"

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