Axiometrics: National Apartment Market Pushes Toward 6.0% Annual Effective Rent Growth

Axiometrics Inc., a provider of data and analysis on the multi-family housing sector, announced last week that the national apartment market continued to heat up in May, with effective rents (rents net of concessions) increasing 0.70% from April levels. Based on results year-to-date, Axiometrics estimates that effective rents will rise 5.9% in 2011, which would be the largest annual increase since a rate of 5.8% in 2005.  Read More > > >

HFO Investment Real Estate specializes in multifamily brokerage sales and advisory services for commercial real estate investors and apartment owners throughout Oregon and Washington. Build your legacy at http://www.hfore.com