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🇺🇸 LA
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🇺🇸 New York
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🇬🇧 London
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🇮🇹 Rome
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🇮🇳 Delhi
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🇨🇳 Beijing
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🇰🇷 Seoul
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Showing posts with label Wesley Lowery. Show all posts
Showing posts with label Wesley Lowery. Show all posts

Thursday, July 7, 2011

WSJ: Rents Rise, Vacancies Go Down

REAL ESTATE JULY 7, 2011
Rents Rise, Vacancies Go Down
By WESLEY LOWERY

Apartment landlords are enjoying rising rents and falling vacancies.

The average effective rent, the amount paid after discounting, was $997 in the second quarter of the year, up from $974 a year earlier, according to a report scheduled for release Thursday by Reis Inc., which tracks leasing data for 82 markets. Second-quarter rents rose in all but two markets.