Wednesday, April 2, 2014

MPF Research Pegs Portland's Annual Q1 2014 Rent Growth #4 Nationally at 7.9%

Newly released data shows the U.S. apartment sector continues to post strong fundamentals even as new supply levels ramp up – with occupancy registering around 95% and annual rent growth around 3% for the seventh consecutive quarter. If there are any surprises, it’s that rent growth levels haven’t slipped – and in fact, they’ve jumped in some key spots with significant levels of apartment development.

Click here for the full story. Click here to watch the video report.




Annual Rent Growth Leaders for Year Ending Q1 2014
RankMetroAnnual
Rent
Growth
1Oakland9.1%
2San Jose8.7%
3San Francisco8.1%
4Portland7.9%
5Denver-Boulder7.6%
6Seattle-Tacoma6.2%
7Miami5.7%
8 (Tie)Houston4.7%
8 (Tie)San Diego4.7%
10Austin4.5%
12 (Tie)Atlanta4.3%
12 (Tie)Nashville4.3%

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