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Is supply catching up to demand in Charlotte’s multifamily market?

CHARLOTTE BUSINESS JOURNAL (March 24, 2017) – Market signals point to a continued slowdown in rent growth across metro Charlotte throughout this year.

Research recently released by Dallas-based Axiometrics showed another month of lower rent gains for the Charlotte market in February, with renters paying an average of $6 more than in January and $30 more than the previous year. While up 2.9% annually, rents increased at a slower pace than the 6.2% rate seen in February 2016, and are expected to stay near that same level during 2017.

For more info, visit: http://www.bizjournals.com/charlotte/news/2017/03/24/is-supply-catching-up-to-demand-in-charlottes.html

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