Rapid apartment construction in the Washington, D.C. metro has led to several years of slowing rent growth, mostly driven by the weakness in 4-and 5-Star assets. Growth has bounced back so far in 2018, but it’s too soon to tell if the rebound will be sustainable, given the amount of ongoing construction.
D.C.’s real estate market is a countercyclical one, indicated by the fact that apartment rents continued to increase during the recession, an…