Market Insights | Fall 2023 | Detroit

Semiannual Market Report Header - Detroit

October 11, 2023


Detroit’s economy was stable and resilient in the first half of 2023. Rent growth started to contract toward the end of 2022, and the effects of inflation and economic
uncertainties have resulted in decelerated rent growth through the first half of 2023. 

 

Market Insights | Fall 2023 | Detroit