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.
With little improvement in rent growth, asking rents remain tethered to 2007 levels while
effective rents remain tethered to 2005 levels.
Not exact matches
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.
Annual
effective rent growth
remained around historical levels.