News & Opinions
The latest news and insights from Hanley Wood’s outspoken experts and key thought-leaders throughout the residential and commercial design and construction industry.
Apartment Finance Today / October 27, 2013
Occupancy rates increased year over year in most of the top 10 rent growth markets according to a September report from Dallas-based Axiometrics. And while Florida is heating up, the Washington, D.C., area is certainly cooling down.
Nationally, occupancy improved by about 29 basis points across all metropolitan statistical areas, according to the data. Yet, annual effective rent growth declined nationally, from 3.17 percent in August to 2.99 percent in September.
Florida markets are seeing the most popularity and growth in rent and occupancy as Naples, Bradenton and Cape Coral areasRead More