Tuesday, December 10, 2013

Top 10 Rent Growth Markets of 2014 via Multifamily Executive Magazine

Industry experts project that some of the largest metro areas will see some of the largest rent growth next year.

Seattle will continue to grow in 2014 and is expected to see the largest percent change in rents, according to Carrollton, Texas-based MPF Research.

San Francisco will push rents by about 4.7 percent, according to the projection. The Bay Area showed job growth as the unemployment rate dropped from 6.9 percent in July to 6.1 percent in September, according to the Bureau of Labor Statistics. California markets showed strong rents over the last two years, according to the 2012 list and preliminary 2013 numbers.

Read more...Top 10 Rent Growth Markets of 2014 - Multifamily Executive Magazine

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