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0 0 0.000383484596702047 0.000127828198900743 0.000255656397801304 0 -0.018279432442797 -0.018279432442797
Stock impact report

Apartments.com Releases Multifamily Rent Report for the First Quarter of 2025 [Yahoo! Finance]

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: Yahoo! Finance
ARLINGTON, Va., April 02, 2025 BUSINESS WIRE )--Today, Apartments.com – an online marketplace of CoStar Group – published an in-depth report on multifamily rent trends for the first quarter of 2025. The national year-over-year asking rent growth for apartments was 1.1% in March 2025, unchanged from the end of December 2024. Since mid-2023, year-over-year rent growth has hovered just above 1% after its rapid deceleration in 2021 and 2022. The national rent per unit ended the quarter at $1,754, compared to $1,735 recorded at the end of the first quarter of 2024. Quarter-over-quarter rents rose by 1.0%, following the two prior quarters of rents falling. The vacancy rate held steady at 8.1%. The first quarter recorded 137,750 units of absorption, a 35% increase over the previous quarter and 12.8% higher than absorption in the first quarter of 2024. Supply additions in the quarter numbered 140,950, once again exceeding absorption, a trend that has persisted since the fourth quarter Show less Read more
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