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Austin's multifamily market has slumped, but revival could be in the cards

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Austin's multifamily market has slumped, but revival could be in the cards

Austin’s rental rates have dropped 7.6% over the past 12 months, to an average of $1,432 per month. When will demand return so developers can start building again? Experts weigh in. Also in this report is ABJ’s latest ranking of multifamily developers.