Without the strength of the top five markets, the national year - ever -
year effective rent growth would be cut in half.
Not exact matches
If we can pick up a property that's been using a lot of up front concessions and we move the asset to net
effective pricing, i.e. YieldStar pricing, we will see
rent growth greatly outperform the market in the next couple
years.
The average
effective rent also shows positive
growth over the past
year, rising 1.6 % from $ 964 per unit in 2009 to $ 980 in the third quarter of 2010, according to Reis.
Average
effective rents, meanwhile, are expected to go up 4.9 percent for the
year, compared to
growth of 4.1 percent in 2015.
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.
For example, the
year - over-
year effective rent growths at the metro level range from a high of 7.3 percent in San Francisco to a low of -0.3 percent in Fort Lauderdale, Fla..
Reis found that asking and
effective rents rose just 0.6 percent in the fourth quarter and 1.8 percent
year - over-
year, which is the weakest
rent growth since the recovery started in 2011.
The same markets are on top of the rankings for
year - over-
year changes for both asking and
effective rent growth.
According to Savills research, net
effective rents in the Sydney CBD enjoyed
year - on -
year growth in 2016 of +60 % for B Grade office space, +48 % for A Grade and +26 % for Premium.
Compare overall company ranking;
effective rent growth momentum;
effective rent growth, vacancy and concesssion trends by quarter and
year.
While average
effective rent growth will hit a recent low of 2.3 % this
year, it is expected to rise to 3.2 % in 2018 and 4.1 % in 2019 before moderating back to 3.2 % in 2020 and 2.6 % in 2021.
Meanwhile,
year - to - date
effective rent growth in 2017 avoided the stigma of being the lowest in the post-recession period — by 7 bps.
Annual
effective rent growth ended a steady
year with an increase, as occupancy equaled last December's rate.
As of November 2012, the market's occupancy rate was 93.1 percent, and its
year - to - date
effective rent growth was 6.5 percent.
As of November 2012, its occupancy rate was 94.9 percent, and its
year - to - date
effective rent growth was 7.4 percent, according to Axiometrics.