According to a report from apartment research firm Axiometrics, effective rents grew 4.65 percent for the year ending February 2011, the largest such gain since the firm began tracking rent fundamentals in 1996. “I think we are going to see an even better year in 2011 than we saw in 2010,” says Axiometrics president Ron Johnsey. “We are starting to see job growth come back and a near lack of new supply entering the market.” Click here for the rest of the article.
 


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