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Apartment Demand, Rent Growth Stays Strong

GLOBEST.COM (January 3, 2017) – “Rent growth doesn’t have to reach best-ever readings to be strong,” says Greg Willett, chief economist at RealPage. The firm said Tuesday that while rent growth is expected to slow in the near term from the 5%-plus pace set in 2015, cooling to 3.8% in the year that just ended, it’s still well above historical norms.

To read more, visit: http://www.globest.com/sites/paulbubny/2017/01/03/apartment-demand-rent-growth-stay-strong/

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