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David Auerbach ⭕️ @DailyREITBeat on x 3872 followers
Created: 2025-07-07 14:14:36 UTC
🏘️ Rent Growth Cools Nationwide for First Time Since Early 2024 📉
According to the latest data from (CoStar Group), the U.S. rental market finally took a breather in Q2 2025 after more than a year of steady gains.
📉 National Rent Growth Slows
- YoY asking rents rose just XXX% in Q2 (vs. XXX% in Q1)
- First quarter-over-quarter slowdown since early 2024
📦 Supply surge = more choices for renters, more pressure on landlords
🏗️ New Supply Floods the Market
- Luxury developments in lease-up are attracting tenants with free rent incentives
- These buildings have seen XXX% annualized rent growth over two years
- Still, luxury = only XXX% of total national apartment stock
📍 Top-Performing Markets
- San Francisco leads the top XX markets with XXX% annual rent growth → Boosted by AI sector and downtown revitalization
- Chicago shines in the Midwest with XXX% YoY rent growth
- Boston leads the Northeast at XXX%
💰 Rent Stats
- National average monthly rent: $XXXXX
- QoQ rent increase: XXX% (vs. XXX% in Q1)
- Vacancy rate steady at XXX% for the third straight quarter
📊 What It Means: Renters now have more negotiating power while developers feel the weight of supply pressure. But strong demand in select cities like SF and Chicago signals resilience where jobs and growth lead the way.
XXX engagements
Related Topics costar group