Rent Payments Reach 89 Percent

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Multi-Housing News (June 16, 2020) -- Rental payments in the U.S. hit 89 percent as of June 13, a jump of more than 8 percent from the previous week, according to the latest report from the National Multifamily Housing Council.

By comparison, during the same time period last year, 88 percent of renters paid full or partial rent payments by June 13, 2019. The figure is a 1.3 percent increase from the share of rental payments tracked during the same time period last month. Last week’s report from NMHC, which gave the first look at June’s numbers, showed that 80.8 percent of renters had paid by June 6.

Read more at: Multi-Housing News