Report: Multifamily Rents Dropped in December as Disparate Impacts on Markets Persist

Rents declined by 0.8% in December on a year-over-year basis, a 30-basis-point decline from November SANTA BARBARA, Calif., Jan. 14, 2021 – 2020 will go down as the year COVID-19 changed everything. As the pandemic became rampant, many initially feared that rents would rapidly decline. But many metros have emerged from 2020 unscathed, and some […]