Rent growth in the national apartment market is on a streak not seen for almost four years, according to Axiometrics. Annual effective rent growth for the U.S. apartment market in April 2015 remained steady at 5 percent. It’s the third straight month it has been at or above 5 percent, and it’s the highest April […]
Archives: May 2015
Home construction surges to fastest pace since 2007
Home construction surges to fastest pace since 2007 U.S. homebuilders ramped up construction in April to the fastest pace in nearly seven-and-a-half years, hinting at newfound momentum for an economy that has struggled in recent months. The Commerce Department said Tuesday that housing starts last month increased 20.2 percent to a seasonally adjusted annual rate […]