The national apartment market recorded a monthly occupancy rate of 95.3 percent last month, along with annual effective rent growth of 5 percent--the fourth straight month the metric was at or above 5 percent, according to a new report from Dallas-based Axiometrics.
The four-month 5 percent rent-growth streak was the first since May-August 2011. The rate was also the highest May figure since the 5 percent of May 2011.
Read more...Axiometrics Data Shows Strong Apartment Market - Daily News Article - GlobeSt.com
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