{"id":149306,"date":"2021-11-22T11:40:30","date_gmt":"2021-11-22T16:40:30","guid":{"rendered":"https:\/\/qa.bluevaultpartners.com\/?post_type=news&#038;p=149306"},"modified":"2021-11-22T11:40:30","modified_gmt":"2021-11-22T16:40:30","slug":"is-it-time-to-worry-about-multifamilys-slowing-rent-growth","status":"publish","type":"post","link":"https:\/\/qa.bluevaultpartners.com\/is-it-time-to-worry-about-multifamilys-slowing-rent-growth\/","title":{"rendered":"Is It Time to Worry About Multifamily\u2019s Slowing Rent Growth?"},"content":{"rendered":"<h1>Is It Time to Worry About Multifamily\u2019s Slowing Rent Growth?<\/h1>\n<p>November 11, 2021 | Erik Sherman | GlobeSt. com<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-8020\" src=\"https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2016\/06\/Featured-News-Image_0011_Multifamily_01-300x196.jpeg\" alt=\"\" width=\"300\" height=\"196\" srcset=\"https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2016\/06\/Featured-News-Image_0011_Multifamily_01-300x196.jpeg 300w, https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2016\/06\/Featured-News-Image_0011_Multifamily_01.jpeg 600w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p>The pace of apartment rent growth is slowing, according to a report from RealPage. While it seems to be a seasonal issue, the news comes at a bad time for multifamily investors and property owners as rising inflation creates a greater need for investment hedging.<\/p>\n<p>First the good news: Year over year, rents were up 13.1%. That compares to average annual rent growth between 3% and 4% during the last decade, the report noted. In 2015, prices jumped a bit more than 5%.<\/p>\n<p>But, RealPage also reported that asking move-in rents were up in October 6% over September, the slowest pace since February.&nbsp;<\/p>\n<p>The company called this \u201cthe normal seasonal pattern,\u201d but other forces are in effect as well, such as progress in dealing with Covid-19 and uneven progress in pandemic rental assistance reaching tenants and then landlords. Also, in some major markets where vacancy rates went up as people bailed out, rental rates dropped, meaning a lower baseline that could make a return to normalcy look like growth when it was regaining lost ground.<\/p>\n<p><a class=\"fasc-button fasc-size-medium fasc-type-flat\" style=\"background-color: #33809e; color: #ffffff;\" target=\"_blank\" rel=\"noopener\" href=\"https:\/\/www.globest.com\/2021\/11\/11\/is-it-time-to-worry-about-multifamilys-slowing-rent-growth\/?utm_source=email&amp;utm_medium=promo&amp;utm_campaign=month_topcontent&amp;utm_content=111821&amp;utm_term=gst\">\u2261 Read Article<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<div style=\"clear:both;\"><\/div>","protected":false},"excerpt":{"rendered":"<p>The pace of apartment rent growth is slowing, according to a report from RealPage. While it seems to be a seasonal issue&#8230;<\/p>\n","protected":false},"author":3464,"featured_media":8020,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[3010,2817,2965],"tags":[],"class_list":["post-149306","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asset-manager-news","category-multifamily","category-performance"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Is It Time to Worry About Multifamily\u2019s Slowing Rent Growth? - Blue Vault<\/title>\n<meta name=\"description\" content=\"The pace of apartment rent growth is slowing, according to a report from RealPage. 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