Published on November 29, 2022 at 10:32 am
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Predictable seasonal slowdowns, an influx of new inventory as well as lifestyle changes should keep rents somewhat stable through the rest of the year, according to a Franklin Street Multifamily Report.
In the third quarter, July-September, the Jacksonville market saw an increase of 2,216 units.
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That eased the demand seen in the first part of 2022, said Steven McAdoo, director of multifamily investment sales.
Read the rest of this story at the Jacksonville Daily Record, a Jacksonville Today news partner.