Multifamily rent growth in Charlotte, North Carolina, picked up momentum heading into the second half of 2021. Despite leading the nation in new deliveries as a percentage of inventory in the year ending after the first quarter of 2021, continued migration into Charlotte boosted demand throughout the market, lifting rents by 11.5% year over year.
Rising Rents, Urban Resilience Boost Charlotte's Apartment Market
Despite Large Inventory Expansion, Migration Helps Demand Keep Pace
CoStar Analytics
July 2, 2021 | 6:16 P.M.
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