Axiometrics Inc., a provider of data and analysis on the multi-family housing sector, announced last week that the national apartment market continued to heat up in May, with effective rents (rents net of concessions) increasing 0.70% from April levels. Based on results year-to-date, Axiometrics estimates that effective rents will rise 5.9% in 2011, which would be the largest annual increase since a rate of 5.8% in 2005. Read More > > >
Tuesday, July 5, 2011
Axiometrics: National Apartment Market Pushes Toward 6.0% Annual Effective Rent Growth
Axiometrics Inc., a provider of data and analysis on the multi-family housing sector, announced last week that the national apartment market continued to heat up in May, with effective rents (rents net of concessions) increasing 0.70% from April levels. Based on results year-to-date, Axiometrics estimates that effective rents will rise 5.9% in 2011, which would be the largest annual increase since a rate of 5.8% in 2005. Read More > > >
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