We’ve been saying it for the past few quarters: National effective rent growth continues to decline. During the summer of 2011, effective rent growth topped out at around 5.75%. From that point, we saw a gradual decline in effective rent growth — as of April 2013, rent growth was hovering around the 3.1% mark. There [...]
April Employment Report for U.S.: Employment picks up after a weak March but is still anemic.March MSA Employment Report: Houston and Los Angeles show improving job gain. April Apartment Market Performance: U.S. effective rent growth remains steady at 3.1% but Class A property growth continues to slow; now running at a 2.8% annual rate. On [...]
The U.S. Census Bureau posted its March 2013 residential permitting numbers (not seasonally adjusted) by metropolitan statistical area (MSA) on Thursday, April 25. For the month, annual multifamily (MF) permits increased by 37.8% at the national level from the comparable period a year ago. With the March MF permit number at 280,418 units, annual MF [...]
Not All Markets are Created Equal April 22, 2013 Apartment Market Data After peaking in the second quarter of 2011 at 5%, annual effective rent growth (ERG) for the U.S. slowed to an annual pace of 3.4% during the first quarter of 2013. Digging a little deeper, we find that the recovery in the U.S. [...]
Apartment Market Research on Twitter When you follow Axiometrics in Twitter (www.twitter.com/axiometrics), you have access to tweets that provide you with some terrific and timely information about the apartment market – and even better, it won’t require a lot of your time to review. Each day, we track more than 190,000 publications for all kinds [...]
By Meagan Boyle, May 15, 2013
We’ve been saying it for the past few quarters: National effective rent growth continues to decline. During the summer of 2011, effective rent growth topped out at around 5.75%. From that point, we saw a gradual decline in effective rent growth — as of April 2013, rent growth was hovering around the 3.1% mark. There [...]
By Meagan Boyle, May 13, 2013
April Employment Report for U.S.: Employment picks up after a weak March but is still anemic.March MSA Employment Report: Houston and Los Angeles show improving job gain. April Apartment Market Performance: U.S. effective rent growth remains steady at 3.1% but Class A property growth continues to slow; now running at a 2.8% annual rate. On [...]
By Meagan Boyle, April 30, 2013
The U.S. Census Bureau posted its March 2013 residential permitting numbers (not seasonally adjusted) by metropolitan statistical area (MSA) on Thursday, April 25. For the month, annual multifamily (MF) permits increased by 37.8% at the national level from the comparable period a year ago. With the March MF permit number at 280,418 units, annual MF [...]
By Meagan Boyle, April 22, 2013
Not All Markets are Created Equal April 22, 2013 Apartment Market Data After peaking in the second quarter of 2011 at 5%, annual effective rent growth (ERG) for the U.S. slowed to an annual pace of 3.4% during the first quarter of 2013. Digging a little deeper, we find that the recovery in the U.S. [...]
By Meagan Boyle, April 18, 2013
Apartment Market Research on Twitter When you follow Axiometrics in Twitter (www.twitter.com/axiometrics), you have access to tweets that provide you with some terrific and timely information about the apartment market – and even better, it won’t require a lot of your time to review. Each day, we track more than 190,000 publications for all kinds [...]
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