The surge of high-end apartments may signal lower rents

Washington’s apartment market has been on a tear. You don’t need to walk more than a few blocks around developments including CityCenterDC to see why.

But that may be changing. The Washington Post reports the region’s apartment market has slowed. Some neighborhoods have so many new units coming online that developers have cut rent expectations or put construction on hold.

With thousands of new apartments finishing in hot neighborhoods such as NoMa, near Nationals Park and in Tysons, it would seem…