multifamily renting

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Renters are renewing their leases more than ever before

Feb 08, 2019By

Despite rents continuing to rise throughout much of 2018, renters are choosing to remain in the same apartment more than they ever have before, even if their rent goes up. In fact, a new report from RealPage shows that apartment resident retention (renters electing to renew their lease after its initial term expires) hit an all-time high last year.

3d rendering of a row of luxury townhouses along a street

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