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Tracking the turnaround: Multifamily momentum builds unevenly across US markets

A refreshed momentum index highlights where apartment conditions are improving most quickly
Jacksonville, Florida, is among the U.S. multifamily markets showing strong improvement in occupancy and demand balance, even as rent growth remains below prior levels. Pictured is The Peninsula at St. Johns Center, a condo-apartment tower at 1431 Riverplace Boulevard. (CoStar)
Jacksonville, Florida, is among the U.S. multifamily markets showing strong improvement in occupancy and demand balance, even as rent growth remains below prior levels. Pictured is The Peninsula at St. Johns Center, a condo-apartment tower at 1431 Riverplace Boulevard. (CoStar)
CoStar Analytics
June 17, 2026 | 9:56 P.M.

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