The national median rent today is $10 per month cheaper than it was a year ago.

Three of the top 20 cities overall were in Wisconsin, and nine of the top 20 were in the Midwest.

As hyperscale growth accelerates, expect further developments

The level of competitiveness between market-rate and fully affordable properties varies greatly by locale.

The markets identified shared certain characteristics like low vacancy rates and strong demand.

Out of five executives, four predict growing investor demand for CRE assets.

Some markets saw particularly significant declines.

In 2Q 2024, the median rent for newly constructed apartments plunged 6.2% to $1,746