U.S. multifamily asking rents rose by to $1,736 in April, supported by a solid labor market and tight for-sale housing inventory, according to Yardi Matrix. While year-over-year growth slowed to 0.9%, concerns over economic uncertainty, tariffs and slowing GDP cast a shadow on the outlook. Sun Belt markets saw the steepest rent declines, while Northeast and Midwest metros led in rent gains.
