Video – Reis Q4 2013 Apartment Trends
February 5, 2014
Reis VP of Economics & Research, Dr. Victor Calanog, provides an update on the apartment sector performance for the fourth quarter of 2013.
Reis VP of Economics & Research, Dr. Victor Calanog, provides an update on the apartment sector performance for the 4th quarter of 2013.
Some highlights include:
- National vacancies 390 basis points below cyclical peak.
- Asking and effective rents up 0.8% from the third quarter.
- Effective rent growth positive in 79 out of 82 markets.
