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CoStar Predicts: Flight to Suburbs Could Weigh on Big-City Apartment Rents

Companies and Workers Seeking Lower Costs Are Shifting Demand to Smaller Communities
Tier 1 markets include major cities such as Boston, Los Angeles, New York, San Francisco, Seattle and Washington, D.C.
Tier 1 markets include major cities such as Boston, Los Angeles, New York, San Francisco, Seattle and Washington, D.C.
CoStar News
December 21, 2021 | 7:20 P.M.

The past year has seen smaller suburban cities surpass some of the nation’s largest metropolitan areas for apartment rent growth and overall demand in part because of the pandemic, and CoStar predicts the trend could extend well into 2022.

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News | CoStar Predicts: Flight to Suburbs Could Weigh on Big-City Apartment Rents