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Redfin Reports Newly Built Apartments Are Filling Up at the Slowest Pace Since 2020

July 2, 20243 Mins read1.3k
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There are more new apartments hitting the market than normal. As a result, building owners are competing with one another for tenants, which is limiting how much they can boost prices. SEATTLE--(NASDAQ: RDFN) — Less than half (47%) of newly constructed apartments that were completed in the fourth quarter were rented within three months, according […]

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