National annual effective rent growth in November 2014 reached 4.7%, the strongest result of 2014 to date and the highest since August 2011 when the rate measured 5.0%.
According to research from Axiometrics, the leader in apartment market research and analysis, November's rent-growth rate was a 38-basis-point (bps) increase from the 4.3% recorded in October and the largest growth margin since the 39-bps increase from February-March 2011 (4.6% and 5.0%, respectively).
Read more...Apartment Rent Growth Continues to Climb, Reaches New High for 2014 at 4.7% in November | MultifamilyBiz.com
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