Multifamily rent growth is slowing, and even going negative in some areas. But, as RealPage notes in a new analysis, the world hasn't ended.

"There's a lot of panicky 'It's a big slowdown!' analysis out there right now, but remember: Nearly every major rental owner, operator and analyst expected to see moderation in rent growth in 2022 compared to the historic peaks of 2021," the firm wrote.

But that's for the most part. It did add "the moderation trends are not equally distributed across the country," with pockets that are concerning.

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