Monday, September 21, 2015

Occupancy Hits Record Levels in August via Multifamily Executive Magazine

The dog days of summer seem to have brought more of the same for the rental industry as occupancy hit another high, according to the latest analysis from Dallas-based research firm Axiometrics.

August tallied an effective rent growth rate of 5.1%, which was the seventh straight month that rent increases came in above 5%. That growth rate was an eight basis-point decline from July, but well above the August 2014 mark of 4.1%.

Read more...Occupancy Hits Record Levels in August | Multifamily Executive Magazine | Rents, Rent Trends, Occupancy and Vacancy Rate, Effective Rents, Cristina Sullivan, Axiometrics, Gables Residential

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