OC Register – Local rents still rising

Apartment | Reis in the News

Reis in the News By Jeff Collins Source: Source: OC Register – Local rents still rising, from $1,900 a month for apartments to $2,700 for houses, reports show High demand and low vacancies continue to drive rents higher for Southern California apartments, condos and houses this year, according to property managers and new rent data. … Continued

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Best of Las Vegas – The Mercer Opens as Las Vegas Luxury Rental Complex

Apartment | Economic Trends | Multifamily | Published Articles | Reis in the News

In fall 2006, developers of The Mercer said their suburban Las Vegas condo project would have a modern flair and be “a hot property.” But the economy later crashed and The Mercer was lost to foreclosure — just another unfinished zombie project blighting the valley during the recession.

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Los Angeles Multifamily Rents Hit New Highs for 2017

All | Apartment | Construction | Economic Trends | Multifamily | Reis in the News

Reis in the News By Matt Maison Source: Arbor – Los Angeles Multifamily Rents Hit New Highs for 2017, Class B/C Vacancies Decrease Los Angeles remained one of the more sought-after multifamily markets in the U.S. during 2017, as rent growth and investment volume ranked near the top nationally. The vacancy rate also remained low, … Continued

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After a flat year

All | Apartment | Construction | Economic Trends | Multifamily | Reis in the News

Reis in the News By Tim Logan Source: Boston Globe – After a Flat Year, Greater Boston’s Rents are Starting to Rise Again With the spring real estate market blooming, rents in Greater Boston are again accelerating, though it’s not yet clear if that’s a blip or a longer-term trend. New figures from several real … Continued

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Holiday Retail Sales Increased 5.5% in 2017

All | Economic Trends | Reis in the News | Retail | Vacancy Rates

Reis in the News By J. Craig Shearman & Ana Serafin Smith Source: National Retail Federation – Holiday Retail Sales Increased 5.5% in 2017, Strongest Gain Since Great Recession Holiday sales during November and December increased 5.5% over the same period in 2016 to $691.9 billion, as growing wages, stronger employment and higher confidence led … Continued

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Apartment Occupancy Down but not out as Homeownership Increases

Absorption Rates | All | Apartment | Construction | Economic Trends | Reis in the News | Vacancy Rates

Reis in the News By Chris Wille Source: Herald-Tribue – Apartment occupancy down but not out as homeownership increase Home sales began accelerating nationally last year after growing at a sluggish pace from 2010 to 2016. On the flip side, occupancy in apartments, which showed a steady increase over those same six years, slowed in … Continued

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Apartment Market Continues to Face Pressure From Added Supply

Absorption Rates | All | Apartment | Construction | Economic Trends | Reis in the News | Vacancy Rates

Reis in the News By Kristin Hiller Source: REBUSINESS ONLINE – Reis: Apartment Market Continues to Face Pressure From Added Supply Over the course of 2017, asking rents for the national apartment market increased 3.9 percent while effective rents grew by 3.3 percent. Although still representing rent growth, these rates reflect a deceleration in apartment … Continued

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Retail Vacancies Rise Slightly in Q4

Absorption Rates | All | Construction | Economic Trends | Reis in the News | Retail | Vacancy Rates

Reis in the News By Reuters Staff Source: Reuters – U.S. retail vacancies rise slightly in fourth quarter In a recent article citing Reis data, Reuters reported that U.S. retail real estate vacancies inched up to 10 percent in the fourth quarter from a year earlier. Asking rents for retail neighborhood and community centers rose … Continued

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dallas texas skyline at sunset

Apartment Rent Growth Among Texas’ Top Metros

All | Apartment | Economic Trends | Reis in the News | Vacancy Rates

Reis in the News Source: Connect Media – Reis Multifamily Numbers: Rent Growth Strong, Vacancies Low Reis’s Q4 2017 Multifamily statistics show continued positive annual effective rent growth, with single-digit vacancies. Check out the infographic of top metros in Texas. Read the Full Article >

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