With Q3 2025 wrapping up this week, the most notable performance stat for the quarter was the deceleration in rent growth. At the U.S. level, annual effective rent growth slowed from 1.2% at the beginning of the quarter to 0.6% in the last two weeks of September. 

Now, the focus turns to how fundamentals change in Q4, and how that impacts the outlook for 2026. 

Listen to this week's report for more!

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