Monday, October 2, 2017

Reis: Vacancy Rate Rises to 4.5% in Q3 2017 via Multifamily Executive Magazine

Asking rents grew by 1.0% across the country in the third quarter of 2017, up to a national average of $1,356, while effective rents grew by 0.9% over the same period, up to a $1,295 national average, according to Reis’s Q3 2017 Apartment Preliminary Trends Announcement. The healthy rent-growth rates reflect confidence in the current market, as well as in the continued balance between demand growth and expected supply growth, notes the research firm.

Read more...Reis: Vacancy Rate Rises to 4.5% in Q3 2017 | Multifamily Executive Magazine

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