The latest news of interest to multifamily owners of apartment buildings in Oregon and Washington.
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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.