Late last year, year-over-year multifamily rent growth in the Detroit area hit an all-time high of 8.1%. But more recently, during the first quarter of 2022, the heated pace of rent growth has pulled back 30 basis points to 7.8%.
Detroit Multifamily Rent Growth Pulls Back From All-Time High
Though Select Suburbs Continue Heated Pace
CoStar Analytics
March 23, 2022 | 6:45 P.M.
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