Sentences with phrase «effective rents peaked»

Apartment rents are still growing across the country, but not as quickly as they were in the summer of 2011, when growth in effective rents peaked...

Effective rents peaked sometime last year, said DeCoster of Savills Studley.

Not exact matches

At the same time, effective rents have dropped about 5 % from their 2009 peak and are currently pegged at $ 41.43 per sq. ft.

Apartment effective rents are now nearly 10 percent above their pre-recession peak.

The U.S. effective rent is still about 7.7 percent below the peak level in the second quarter of 2008, right before the collapse of Lehman Brothers sparked a financial meltdown.

Although rents have been growing since the fourth quarter of 2011, effective rents remain roughly 2.5 percent below peak levels from before the downturn six years ago.