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Pending Home Sales Fall Amid Tight Supply

Multifamily Rent Growth Lags in Dallas, Ticks Up in Houston

Yardi Matrix’s Multifamily National Report for August 2018 showed a slowdown in annual rent for Dallas, though Houston ticked upward. Still, when it came to the trailing three months, the report indicated that, due to supply, Houston and San Antonio ended up at the bottom of the trailing-three-month rent growth block. Austin, however, did well, following a slow start to the year.

Even as Dallas slowed, however, Yardi analysts continue to forecast an overall 3.1% rent growth for 2018.

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About Mark El-Rayes

Mark El-Rayes is an award winning designer and photographer from Beirut, Lebanon. El-Rayes has over 15 years in the design industry, 5 years of which he served as a Mass Communication Specialist in the United States Navy at Naval Air Station North Island, Navy Public Affairs Support Element - West (NPASE). El-Rayes is a full-stack developer, seo specialist, photographer, and artist.

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