Latest Multifamily Data Shows Rents Falling, Card Payments Rising, and Little Turnover Despite Increase in Traffic
MRI Software’s Market Insights Report Tracks Recent Effects of COVID-19 on U.S. Multifamily Industry The COVID-19 pandemic continued to impact the U.S. multifamily market in May, reflected in lower lease pricing, expanded use of credit card payments, increasing traffic and a tendency among residents to stay put, according to MRI Software (“MRI”),......
