Average rents reaching the highest level on record is not doubt good news.
And in a city where
the average rent reaches $ 2,500, mobile homes have become the only alternative for roughly 35,000 San Jose residents, including senior citizens and lower - wage workers.
Not exact matches
The
average San Francisco
rent reaching an all - time high of $ 3,460 for a 1 - bedroom apartment, according to a report last month from Zumper, a rental listing and analytics company.
Average prime
rents for two - bedroom apartments fell 2 % quarter - on - quarter,
reaching around AED157, 000 per annum.
According to JLL's latest Property Market Monitor released this week, net take - up in Hong Kong's overall office market amounted to 68,800 sq. ft in November 2017, with
average monthly
rent reaching HKD 71.7 per sq. ft — 0.3 % higher than in October 2017.
Nationally, rates would have to
reach 9.1 %, a 128 % increase over today's
average of 4.0 %, for
renting to be cheaper than buying.
Landlords also agreed to cut an
average of 3.1 percent from their asking
rents in order to
reach a deal.
The
average rent on the stretch from 49th to 60th streets
reached a record $ 3,213 a square foot in the third quarter before dropping in the last three months of the year to $ 2,985.
The
average rent among single - family lease homes
reached a new all - time high of $ 1,669 in July, up from $ 1,642 last month
After trailing the U.S.
average throughout the current cycle, the metro's
rent growth
reached 2.6 percent as of December, bucking the national trend during 2017's fourth quarter.
Average rents continue to climb and
reached the highest point to date.
Rents in Houston are at their highest levels ever, with the
average rent among single - family homes
reaching $ 1,641 per month in June and the
average rent among townhouses / condominiums coming in at $ 1,408 per month.
The
average rent among leased townhouses / condominiums declined to $ 1,388 from the record high of $ 1,410, also
reached last month.
Asking
rents will likely gain 7.8 % this year to
reach an
average of $ 1,995 per month, Marcus & Millichap projects.
With a tightening market, the
average asking
rent for modern industrial space
reached an overall record high of $ 5.40 per sq. ft. in the third quarter, according to JLL.
After declines during the recession, inflation in real
rents accelerated from 2012 to 2014, a period of strong recovery in the multifamily sector,
reaching a peak
average annual rate of 1.7 % in 2014.