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0 0.00304498269896192 0.00069204152249131 0.00069204152249131 -0.0038062283737023 0.00712802768166091 0.00415224913494806 -0.00173010380622837
Stock impact report

Apartments.com Releases Multifamily Rent Report for the Fourth Quarter of 2024

CoStar Group, Inc. (CSGP) 
Last costar group, inc. earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: costargroup.com/investors/stock-info
Company Research Source: Business Wire
Quarterly data shows rent growth easing through 2024 WASHINGTON--(BUSINESS WIRE)--Today, Apartments.com – an online marketplace of CoStar Group, Inc. – published an in-depth report on multifamily rent trends for the fourth quarter of 2024.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250106244222/en/U.S. Apartment Rent Growth (Graphic: Business Wire)National year-over-year asking rent growth eased to 1.0% in December 2024 compared to 1.1% at the end of September 2024. Since mid-2023, year-over-year rent growth has hovered around 1% after its rapid deceleration in 2021 and 2022.The national rent per unit closed the year at $1,729, compared to $1,712 recorded at the end of 2023. Quarter-over-quarter rents fell by 0.4%, the second consecutive quarter of falling rents. The vacancy rate held steady at 8.0%.The fourth quarter recorded 113,200 units of absorption, the second consecutive quarter of easing. Supply additions in t Show less Read more
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