Sentences with phrase «annual effective rent growth»

Annual effective rent growth ended a steady year with an increase, as occupancy equaled last December's rate.

Richmond, No. 3 in November, fell to No. 4 in December, even though its annual effective rent growth increased to 6.1 %, only 28 bps behind Las Vegas.

Annual effective rent growth remained around historical levels.

Annual effective rent growth averaged 2.7 % for properties located in new - supply markets, compared to 1.6 % in markets without new supply.

As residents continue to rebuild from the devastation of Hurricane Harvey in late August, Houston's annual effective rent growth was 4.2 % in October, some 138 bps higher than October's 2.8 % and a whopping 797 - bps rise from the -3.8 % of November 2016.

In the face of moderating job growth... despite the massive amount of supply identified for delivery in 2017... even though several large metros are expected to remain in negative rent - growth territory... Axiometrics apartment market data is resulting in a forecast that shows annual effective rent growth in 2017 matching the long - term average.

The Jacksonville metro area experienced 5.3 percent annual effective rent growth in 2017, putting it in fifth place among major markets in that metric, the company reported.

Prelease is averaging 64 %, up 330 basis points (bps) from last January, and annual effective rent growth is averaging 2.6 %.

Annual effective rent growth has increased with new construction.

Despite this overall slowing trend, 21 of the top 121 MSAs experienced annual effective rent growth greater than 5 percent.

The Dallas — based research firm says annual effective rent growth has been moderating at the national level for the past two years, though many metropolitan statistical areas (MSAs) in California, Florida and Texas continue generating rent growth of more than 5 percent.

Axiometrics reported that national annual effective rent growth decreased slightly in February to 2.8 percent.