Tuesday, May 28, 2013

Q1 2013 Apartment Trends via Multi-Housing News Online

Reis Reports Chief Economist Dr. Victor Calanog covers Q1 2013 Apartment Trends and provides an outlook for the coming months in the sector.

Some highlights include:

* Apartment vacancy hit 4.3 percent at the end of the first quarter.
* Asking and effective rents grew by 0.5 percent
* Multifamily development is continuing to surge, bringing 150,000 units online in 2013.

Watch video...Q1 2013 Apartment Trends | Multi-Housing News Online

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