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Multifamily Asking Rents Downshift Along Florida’s Gulf Coast

Waves of New Supply Are Taking a Toll on Apartment Rents
CoStar Analytics
July 12, 2023 | 2:29 P.M.

After ranking among the leading markets in the nation for multifamily asking rent growth, multifamily markets along the Gulf Coast of Florida are now heading in the opposite direction and seeing the biggest slowdown in rent growth since the fourth quarter of 2021.

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News | Multifamily Asking Rents Downshift Along Florida’s Gulf Coast