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Essex Property Trust notes elevated supply levels are limiting lease pricing growth in Northern California multifamily markets.

2 reports, 1 independent Updated Jul 30
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Essex Property Trust notes elevated supply levels are limiting lease pricing growth in Northern California multifamily markets.

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  1. Residential REITs, including Equity Residential and AvalonBay, are benefiting from a resilient U.S. apartment market, though supply issues remain a factor.Sub-event
  2. Essex Property Trust notes elevated supply is limiting lease pricing growth in Northern California multifamily markets.1 source

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