Axiometrics’ Research Indicates Strongest Monthly Sequential Rent and Occupancy Growth in Last Four Years

Axiometrics Inc., a provider of data and advisory services on the apartment
market, reports that national effective rents increased by 0.89% from February
to March, which is the highest sequential growth rate since the firm began
surveying its property database monthly in April 2008. Year-to-date, effective
rents have increased 1.81%, as compared to 1.84% over the same period in 2011.
The national occupancy rate also increased on a sequential basis for the second
consecutive month, rising from 93.61% in February to 93.94% in March. This was
the largest month-to-month gain in occupancy since August 2010.  Click here to read the full story.

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