Reis VP of Economics & Research, Dr. Victor Calanog, provides an update on the apartment sector performance for the 4th quarter of 2013.
Some highlights include:
National vacancies 390 basis points below cyclical peak.
Asking and effective rents up 0.8% from the third quarter.
Effective rent growth positive in 79 out of 82 markets.
Watch video...Video – Reis Q4 2013 Apartment Trends | Multi-Housing News Online
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