Tuesday, September 23, 2014

National Rent Growth Reaches 4.1% in August

According to Axiometrics, the apartment sector has just posted annualized effective rent growth not seen in the last two years. Rent growth reached a scorching 4.1% in August, the hottest since 4% in May 2012. Meanwhile, year-to-date effective rent growth stands at 5.5% through August.  Read the full story.