EXCERPT: “Seasonal factors and an extended deceleration in national rent levels combined to reduce U.S. rents by $4 in October, according to a survey of 121 markets by Yardi Matrix. The drop to $1,358, coming at the beginning of the last quarter when rent growth slows due to seasonal factors, was no surprise. Moreover, the multifamily sector is still decelerating from cycle highs in 2016. ‘Nationally, rents are only $5 off their all-time peak set in August and are $30 above their level a year ago,’ the report states. . . .Year-over-year rent growth leaders in October were Sacramento, Calif.; Las Vegas; Orlando, Fla.; California’s Inland Empire; and the Twin Cities metro in Minnesota.” FULLSTORY: http://bit.ly/2iWmykX